Cahill Represents Lead Arrangers in $1.265 Billion Credit Facilities for Cabot Microelectronics Corporation
Date: 11/15/18
Cahill represented the lead arrangers in connection with a $1,065,000,000 senior secured term loan facility and a $200,000,000 revolving credit facility for Cabot Microelectronics Corporation, a leading supplier of consumable materials to semiconductor manufacturers and pipeline operators. Proceeds from the term loan were used for the acquisition of KMG Chemicals, Inc. by the borrower. Through the acquisition, the combined companies will strengthen Cabot Microelectronics’ position as a leading supplier of consumable materials to the semiconductor industry.