Ashland’s $450 Million Notes Offering

Cahill represented the initial purchasers in the offering.

Ashland LLC executed its offering of $450,000,000 aggregate principal amount of 3.375% senior notes due 2031. Proceeds from the offering were used for a refinancing and general corporate purposes and redemption of 4.750% senior notes due 2022.

The Initial Purchasers included Citigroup Global Markets Inc., BofA Securities, Inc., Credit Agricole Securities (USA) Inc., Mizuho Securities USA LLC, Scotia Capital (USA) Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Fifth Third Securities, Inc., PNC Capital Markets LLC, TD Securities (USA) LLC, U.S. Bancorp Investments, Inc., HSBC Securities (USA) Inc., BNP Paribas Securities Corp., Goldman Sachs & Co. LLC, ING Financial Markets LLC, Santander Investment Securities Inc. and SMBC Nikko Securities America, Inc.

Ashland is a global leader in providing specialit materials to customers in a wide range of consumer and industrial markets.

The Cahill team included Meghan McDermott (Picture), William J. Miller, Timothy P. Cusack, Roger Dean and Andrew H. E. Lyon.

Involved fees earner: Timothy Cusack – Cahill Gordon & Reindel; Roger Dean – Cahill Gordon & Reindel; Andrew Lyon – Cahill Gordon & Reindel; Meghan McDermott – Cahill Gordon & Reindel; William Miller – Cahill Gordon & Reindel;

Law Firms: Cahill Gordon & Reindel;

Clients: Bank of America Securities; BNP Paribas Securities; Citigroup Global Markets Ltd; Credit Agricole Securities (USA) Inc.; Deutsche Bank Securities; Fifth Third Securities, Inc.; Goldman Sachs & Co.; HSBC Securities; ING Financial Markets LLC; J.P. Morgan Securities LLC; Mizuho Securities; PNC Capital Markets LLC; Santander Investment Securities Inc.; Scotia Capital Inc.; SMBC Nikko Securities America; TD Securities; U.S. Bancorp Investments;

Author: Martina Bellini