Cahill Represents Lead Arrangers in Credit Facilities for Valtris Specialty Chemicals
Date: 07/31/18
Cahill represented the administrative agent and lead arrangers in connection with a term loan and revolving credit facility for Valtris Specialty Chemicals, a leading manufacturer of specialty chemicals primarily used as additives in the production and processing of plastics. Proceeds from the offering were used to refinance existing indebtedness, for general corporate purposes and for the acquisition of INEOS’ ChloroToluenes and Baleycourt Businesses by Valtris Speciality Chemicals. INEOS ChloroToluenes and INEOS Baleycourt are subsidiaries of INEOS Enterprises and are comprised of a portfolio of businesses which manufacture chemical products in Northern Europe.