$225 Million Credit Facilities for Ingevity Corporation


Cahill represented Wells Fargo Bank NA as administrative agent and Wells Fargo Securities, LLC, JPMorgan Chase Bank, NA, and Merrill Lynch, Pierce, Fenner & Smith Inc. as lead arrangers in connection with amendments to and incremental facilities totaling $225 million for Ingevity Corporation, a special chemicals manufacturer and supplier.

Proceeds under the facilities will be used for general corporate purposes.

Ingevity Corporation manufactures and sells specialty chemicals and carbon materials in the United States and internationally. The company, led by Michael Wilson, John C. Fortson, Stuart Edward Woodcock Jr. and Katherine Pryor Burgeson, is based in North Charleston.

Cahill advised with Michael J. Ohler (Picture), Jeffrey Lang and Elizabeth Yahl.

Involved fees earner: Michael Ohler – Cahill Gordon & Reindel; Jeffrey Lang – Cahill Gordon & Reindel; Elizabeth Yahl – Cahill Gordon & Reindel;

Law Firms: Cahill Gordon & Reindel;

Clients: Merrill Lynch, Pierce, Fenner & Smith Incorporated; Wells Fargo; JPMorgan Chase & Co.;

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Author: Ambrogio Visconti