Cahill Represents BofA Merrill Lynch in $300 Million Term Loan for Samchully Midstream
Date: 10/20/14
Cahill represented Bank of America Merrill Lynch as administrative agent and sole arranger in connection with a $300,000,000 term loan facility for Samchully Midstream 3 LLC, which is indirectly owned by a consortium of Korea-based institutional investors led by Samchully Asset Management Co. and E1 Corporation, a provider of liquefied petroleum gas in Korea. Proceeds from the facility were used to fund the acquisition of a 34% equity interest in Cardinal Gas Services, L.L.C., a wet gas gathering system in the Utica Shale play in eastern Ohio.