Generac Power Systems, Inc.’s $300 Million Asset-Based Revolving Facility

Cahill represented the lead arrangers in connection with the amendment and restatement of Generac Power Systems, Inc.’s asset-based revolving credit facility providing for a $250 million U.S. revolving facility and a $50 million U.K. revolving facility.

Bank of America, N.A. acted as as Administrative Agent, JPMorgan Chase Bank, N.A. acted as syndication agent, and Wells Fargo Bank, National Association acted as Documentation Agent.

Generac Power Systems, Inc. is a manufacturer of backup power generation products for residential, light commercial and industrial markets. The amendment and restatement increased aggregate commitments, extended the maturity and made certain other modifications to the revolving credit facility.

Cahill Advised with a team including Jennifer B. Ezring (Picture), Joshua M. Zelig, Alicia Harris and Sara E. Johnson.

Involved fees earner: Jennifer Ezring – Cahill Gordon & Reindel; Joshua Zelig – Cahill Gordon & Reindel; Alicia Harris – Cahill Gordon & Reindel; Sara Johnson – Cahill Gordon & Reindel;

Law Firms: Cahill Gordon & Reindel;

Clients: Bank of America; Wells Fargo; JPMorgan Chase & Co.;

Author: Ambrogio Visconti