Cahill Represents Lead Arrangers in $670 Million Credit Facilities for Atkore International, Inc.
Date: 04/09/14
Cahill represented Deutsche Bank as administrative agent and Deutsche Bank, UBS, Credit Suisse, J.P. Morgan, RBS, and Wells Fargo as lead arrangers in connection with $670,000,000 of credit facilities comprised of a $420,000,000 first lien term loan and a $250,000,000 second lien term loan, for Atkore International, Inc. Proceeds from the facility were used in connection with the buyout of the minority interest held by Tyco International Ltd., to refinance existing indebtedness and for general corporate purposes. Atkore is an industry leader in the manufacturing of galvanized steel tubes and pipes, electrical conduit, armored wire and cable, metal framing systems and building components.