Cahill Represents Underwriters in $250 Million Public Offering by Toll Brothers
Date: 09/22/09
Cahill represented Banc of America Securities LLC, J.P. Morgan Securities Inc. and Citigroup Global Markets Inc. as underwriters for Toll Brothers' $250,000,000 offering of its 6.75% Senior Notes due 2019. The net proceeds from the sale of the Notes will be used for general corporate purposes, which may include the repayment or repurchase of certain of its outstanding indebtedness and to finance the concurrent tender offer for up to $150,000,000 of certain of Toll Brothers' existing notes. Cahill is representing BofA and JP Morgan as agents in connection with the concurrent tender offer.