Cahill Represents Initial Purchasers in $800 Million Notes Offering for Tenneco Inc.
Date: 03/17/21
Cahill represented the initial purchasers in connection with a Rule 144A offering of $800,000,000 aggregate principal amount of 5.125% senior secured notes due 2029 by Tenneco Inc. Proceeds from the offering were used to refinance existing indebtedness and for general corporate purposes. Tenneco is one of the world's leading designers, manufacturers and marketers of automotive products for original equipment and aftermarket customers, through its four business groups, Motorparts, Ride Performance, Clean Air and Powertrain.