N-Able International Holdings II’s $410 Million Credit Facilities

Cahill represented the lead arrangers in the transaction.

N-Able International Holdings II, LLC executed a $350,000,000 term loan facility and a $60,000,000 revolving credit facility. Proceeds from the credit facility were used to make a distribution in connection with the spin-off of N-Able from SolarWinds Corporation.

The Lead Arrangers included JPMorgan, Citigroup Global Markets Inc., Credit Suisse Loan Funding LLC, Goldman Sachs USA Bank, RBC Capital Markets and BMO Capital Markets.

N-able is a leading provider of cloud-based software solutions for managed service providers.

Cahill represented the lead arrangers with a team which included Douglas S. Horowitz, Sean Davis, Tristan Manley, and Keith Marantz.

Involved fees earner: Sean Davis – Cahill Gordon & Reindel; Douglas Horowitz – Cahill Gordon & Reindel; Tristan Manley – Cahill Gordon & Reindel; Keith Marantz – Cahill Gordon & Reindel;

Law Firms: Cahill Gordon & Reindel;

Clients: BMO Capital Markets; Citigroup Global Markets Ltd; Credit Suisse Loan Funding LLC; Goldman Sachs Bank USA; JP Morgan; RBC Capital Markets;

Author: Martina Bellini