Media Contact:
Alexandra Mullane
Marketing & Communications Coordinator
Phone: 212.701.3967
Fax: 212.378.2410
amullane@cahill.com

Legal News

Cahill Represents Administrative Agents and Lead Arrangers for Financing of Univar’s Acquisition of Nexeo

Date: 02/28/19

Cahill represented the agents and lead arrangers in connection with Univar USA Inc.’s amended and restated ABL credit agreement, consisting of a $1,200,000,000 revolving credit facility, a $175,000,000 equivalent Canadian dollar-denominated Term A credit facility and a $325,000,000 equivalent Canadian dollar-denominated FILO facility.

Additionally, Cahill represented the administrative agent in connection with an incremental amendment to Univar’s existing first lien credit agreement, consisting of a new €425,000,000 tranche of euro-denominated term loans and $300,000,000 in dollar-denominated incremental term loans. 

Proceeds from each amendment were used in part to fund Univar’s acquisition of Nexeo Solutions, Inc., a leading global chemicals and plastics distributor. Univar is a chemical manufacturing and production company.

Media Contact:
Alexandra Mullane
Marketing & Communications Coordinator
Phone: 212.701.3967
Fax: 212.378.2410
amullane@cahill.com