Cahill Represents Lead Arrangers in Acquisition Financing for Toll Brothers
Date: 02/04/14
Cahill represented Citibank as administrative agent and lead arranger and the other lead arrangers in connection with the $500,000,000 revolving credit facility for First Huntington Finance Corp., a subsidiary of Toll Brothers, Inc., the nation's leading builder of luxury homes. The transaction was completed in connection with the acquisition of the homebuilding operations of Shapell Industries, a private California land development and home building company.
Cahill also represented SunTrust Bank as administrative agent and lead arranger and the other arrangers in the $485,000,000 Term loan for First Huntingdon Finance Corp., also in connection with the acquisition.