Cahill Represents Debt Financing Sources in $2.04 Billion Refinancing for Artera Services
Date: 02/09/24
Cahill represented the lead arrangers, administrative agents and initial purchasers in a refinancing for Artera Services, which included a $930,000,000 first lien term B credit facility, a $211,000,000 first lien revolving credit facility, a new $300,000,000 first lien PIK credit facility and a Rule 144A offering of $600,000,000 of senior secured first priority notes. Proceeds from the financings were used to refinance existing indebtedness and for general corporate purposes. Artera Services is a leading provider of integrated essential and critical infrastructure services.