Cahill Represents Lead Arrangers in $1.115 Billion of Credit Facilities for American Traffic Solutions, Inc.
Date: 03/01/18
Cahill represented the lead arrangers and administrative agent in connection with a $840,000,000 first lien term loan credit facility and a $200,000,000 second lien term loan credit facility for ATS Consolidated, Inc., American Traffic Solutions, Inc. and Lasercraft, Inc. Cahill also represented the lead arrangers and administrative agent in connection with a $75,000,000 asset-based revolving credit facility for ATS Consolidated, Inc. and its subsidiaries. Proceeds from the term loan facilities were used to finance the acquisition of Highway Toll Administration, LLC and to refinance existing indebtedness.