Cahill Represents Lead Arranger in Credit Facilities for ChampionX Corporation
Date: 06/03/20
Cahill represented the administrative agent and joint lead arrangers in connection with the restatement of the credit agreement of ChampionX Corporation (f/k/a Apergy Corporation). Among other things, the restatement provided for an increase in the revolving commitments in an aggregate amount of $150,000,000 and allowed for the consummation of the merger of a subsidiary of Apergy Corporation with and into ChampionX Holdings Inc. ChampionX Corporation is a global leader in chemistry solutions and highly engineered equipment and technologies that help companies drill for and produce oil and gas safely and efficiently around the world.