Cahill Represents Lead Arrangers in $550 Million Credit Facilities for Carrols Restaurant Group, Inc.
Date: 04/30/19
Cahill represented the lead arrangers in connection with a $425,000,000 Term B credit facility and $125,000,000 revolving credit facility for Carrols Restaurant Group, Inc., the largest U.S. Burger King franchisee based on number of restaurants. Proceeds from the credit facilities were used to refinance existing indebtedness, general corporate purposes and for the acquisition of 220 restaurants through a merger with Cambridge Franchise Holdings, LLC.