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Firm News

Julie Cohen
Director of Marketing and Communications
212.701.3614
jcohen@cahill.com

Greatwide Logistics Services, Inc. Completes $487 Million Credit Facility

Date: 12/19/06

Cahill represented UBS Securities LLC and Bear, Stearns & Co., Inc., as Joint Lead Arrangers and Joint Bookrunners, UBS AG, Stamford Branch, as Administrative Agent and Collateral Agent, Bear, Stearns & Co., Inc., as Syndication Agent and General Electric Capital Corporation, as Documentation Agent in a $487,000,000 Credit Facility by Greatwide Logistics Services, Inc.

The credit agreement was comprised of a $300,000,000 First Lien Term Loan, $70,000,000 First Lien Revolving Loan and a $117,000,000 Second Lien Term Loan in connection with the acquisition by GWLS Holdings, Inc.

Julie Cohen
Director of Marketing and Communications
212.701.3614
jcohen@cahill.com