Firm News: Q3 2024 U.S. Deal Recap 11.13.2024

Q3 2024 U.S. Deal Recap

Date: 11/13/24

Cahill had another strong quarter in Q3 2024, please see our leading representations and corporate highlights below.

Lending

Cahill ranked #1 in U.S. Loan Lender Advisory in Q3 2024 with 19% market share by volume, advising on 275 transactions that generated $299 billion in proceeds.*

1. Lead Arrangers in $1.25 Billion Credit Facility for Burlington Coat Factory Warehouse Corporation
2. Administrative Agent and Lead Arrangers in $1.07 Billion Credit Facility for HAH Group Holding Company LLC
3. Administrative Agent and Lead Arrangers in $1.16 Billion Term Loan Credit Facility for Ingram Micro Inc.
4. Lead Arrangers in $1.25 Billion Credit Facility for Asurion LLC
5. Debt Financing Sources in $5.3 Billion of Debt Financings for Focus Financial Partners, LLC
6. Lead Arrangers in $700 Million Credit Facility for SeaWorld Parks & Entertainment, Inc. (fka SW Acquisitions Co., Inc.)
7. Administrative Agent and Lead Arrangers in $2.35 Billion Credit Facilities for Lightning Power, LLC
8. Lead Arrangers in $1.43 Billion Credit Facilities for McGraw-Hill
9. Lead Arrangers in $5.1 Billion Credit Facility for Hub International Limited
10. Lead Arrangers in $2.7 Billion Credit Facility for Alpha Generation, LLC

Debt Capital Markets

Cahill ranked #1 in U.S. High Yield Bond Manager Advisory in Q3 2024 with 23% market share by volume, advising on 61 transactions that generated $45 billion in proceeds.*

1. Underwriters in Comcast's €1.8 Billion and £750 Million Notes Offerings
2. Underwriters in $2.5 Billion Notes Offering for T-Mobile USA, Inc.
3. Initial Purchasers in $800 Million Notes Offering for Wynn Resorts Finance, LLC and Wynn Resorts Capital Corp.
4. Underwriters in $850 Million Notes Offering for MGM Resorts International
5. Underwriters in $3 Billion Notes Offering for HCA Inc.
6. Initial Purchasers in $650 Million Notes Offering for McGraw-Hill Education, Inc.
7. Underwriters in $600 Million Notes Offering for Choice Hotels International, Inc.
8. Initial Purchasers in $1 Billion Notes Offering for Focus Financial Partners, LLC
9. Initial Purchasers in $1 Billion Notes Offering for DaVita Inc.
10. Underwriters in $1.25 Billion Notes Offering for Quanta Services, Inc.
11. Initial Purchasers in $1 Billion Notes Offering for Alpha Generation, LLC
12. Initial Purchasers in $1.15 Billion Notes Offering for Jane Street Group, LLC and JSG Finance, Inc.

Private Credit

1. Direct lender in connection with an amendment to a second lien credit facility for a payments platform. Proceeds of the financing were used for an acquisition of a merchant services business.
2. Private credit funds in connection with a first lien term loan facility, revolving facility and delayed draw term loan facility. Proceeds of the financing were used to fund the acquisition of an engineering and architectural company.
3. Private credit lenders in connection with a senior secured financing to support the acquisition of a homebuilding and contracting business.
4. Private credit fund in connection with an incremental first lien term loan facility, incremental delayed draw term loan commitments and incremental revolving commitments. Proceeds of the financing were used to fund an acquisition of a food distribution company.
5. Falcon Credit Opportunities VII Holdings, LP, a private debt fund, in connection with an investment in senior holdco notes for a full-service ophthalmic drug and device development firm. Proceeds of the financing were used for an acquisition by the Issuer and for general corporate purposes.

*Bloomberg