Media Contact:
Michelle Murray
Chief Marketing Officer
Phone: 212.701.3614
Fax: 212.378.2410
mmurray@cahill.com

Legal News

Cahill Represents Lead Arrangers in $285 Million Credit Facilities for CD&R Hydra Buyer, Inc. and STS Operating, Inc.

Date: 04/30/18

Cahill represented the lead arrangers in connection with a $170,000,000 first lien incremental term B credit facility for CD&R Hydra Buyer, Inc., STS Operating, Inc. and a $115,000,000 second lien term B credit facility for CD&R Hydra Buyer, Inc., STS Operating, Inc. and Ryan Herco Products Corp. Proceeds from the financing were used to fund the acquisition by SunSource Holdings, Inc. of Ryan Herco Flow Solutions, a specialty distributor of flow solutions for mission-critical fluids, including the repayment of certain existing indebtedness.

Media Contact:
Michelle Murray
Chief Marketing Officer
Phone: 212.701.3614
Fax: 212.378.2410
mmurray@cahill.com