Cahill Represents Lead Arrangers of Clondalkin First Lien Credit Facility
Date: 02/14/14
Cahill represented Deutsche Bank and the other lead arrangers in connection with a new approximately $360 million first lien term loan facility for Clondalkin Acquisition B.V., an international producer of high value added packaging products and services, with over 35 production locations throughout Europe and North America and annual sales in excess of €700 million. The new term loan refinanced the existing first lien term loan. The transaction lowered the interest margin and floor applicable to the term loan facility and involved collateral and guarantees in Germany, Ireland, the Netherlands, Puerto Rico, Switzerland, the U.K. and the U.S.