Cahill Represents Lead Arrangers in more than $880 Million Credit Facilities for Signal Parent Inc.
Date: 06/30/21
Cahill represented the lead arrangers in connection with a $550,000,000 term B credit facility and a $600,000,000 revolving credit facility for Signal Parent, Inc. Proceeds from the credit facilities will be used for the acquisition of Interior Logic Group Holdings, a data-driven and technology-enabled provider of interior design, supply chain, and installation management solutions to several of the nation’s largest single-family home builders, by The Blackstone Group Inc. Additionally, Cahill represented the lead arrangers in connection with an amendment providing for $230,000,000 of incremental term B loans under Signal Parent, Inc.’s existing credit agreement. Proceeds of the incremental loans will be used for Interior Logic Group’s acquisition of Residential Design Services, an innovation leader in interior finish installations and design service technology serving homebuilders.