Cahill Represents Initial Purchasers in Acquisition Financing for NN, Inc.
Date: 10/19/15
Cahill represented SunTrust Robinson Humphrey, KeyBanc Capital Markets, and Regions Securities LLC as joint book-running managers in connection with the Rule 144A offering of $300,000,000 aggregate principal amount of 10.25% Senior Notes due 2020 by NN, Inc., a diversified industrial company and a leading global manufacturer of precision metal components, metal bearing components, and industrial and plastic rubber parts. Proceeds from the offering were used to finance a portion of the cash consideration for NN’s acquisition of Precision Engineered Products Holdings, Inc., a global manufacturer of highly engineered precision customized solutions serving the medical, electrical, transportation and aerospace end markets.