Cahill Represents Arrangers in $1.85 Billion Credit Facility for Talen Energy Supply (f/k/a PPL Energy Supply)
Date: 06/01/15
Cahill represented Citibank as administrative agent, Citigroup Global Markets, J.P. Morgan Securities, Morgan Stanley Senior Funding, BNP Paribas Securities, Credit Suisse Securities, RBC Capital Markets, and The Bank of Tokyo-Mitsubishi UFJ as joint lead arrangers in connection with a $1,850,000,000 Revolving credit facility for Talen Energy Supply, LLC (f/k/a PPL Energy Supply, LLC), in connection with the spin-off of Talen Energy Supply from PPL Corp. and the related transactions (including the contribution of assets by Riverstone Holdings LLC). Talen Energy is primarily engaged in the competitive power generation and marketing of electricity, generating capacity, ancillary services and related commodities.