International Paper Completes $2 Billion Public Offering and Tender Offer
Date: 06/15/15
Cahill represented BofA Merrill Lynch, Citigroup, Mizuho Securities and the other underwriters in connection with the public offering of $2,000,000,000 of notes, comprised of $700,000,000 aggregate principal amount of 3.800% Notes due 2026, $600,000,000 aggregate principal amount of 5.000% Notes due 2035, and $700,000,000 aggregate principal amount of 5.150% Notes due 2046 by International Paper Company, a global paper and packaging company. Proceeds from the offering were used to refinance existing indebtedness and for general corporate purposes.
Cahill also represented J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and the other dealer managers in connection with the tender offer for up to $1,000,000,000 of certain notes of International Paper and its subsidiary Temple-Inland, Inc.