Cahill Represents Initial Purchasers and Dealer Manager in Amsted Industries’ $500 Million Notes Offering and $400 Million Tender Offer
Date: 03/06/25
Cahill represented the initial purchasers in Amsted Industries’ Rule 144A offering of $500 million of 6.375% senior notes due 2033 and the dealer manager in the concurrent tender offer for any and all of its $400 million of 5.625% senior notes due 2027.
Proceeds from the notes offering were used to refinance existing indebtedness, including the funding of the concurrent cash tender offer.
Amsted Industries is a global, diversified manufacturer of industrial components for rail, commercial vehicle, automotive, construction, and building applications.