National Vision, Inc.’s $200 Million amended credit facility

Cahill represented the lead arrangers in connection with an amended $200,000,000 Term A credit facility for National Vision, Inc.

National Vision, Inc. is one of the largest optical retailers in the country.

Proceeds from the facility were used to refinance existing indebtedness.

KKR Capital Markets LLC, an affiliate of KKR & Co. Inc., Citigroup Global Markets Inc., Goldman Sachs Bank USA, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Barclays Bank PLC, Wells Fargo Securities LLC, Morgan Stanley Senior Funding, Inc., Mizuho Bank, Ltd., UBS Securities LLC, Macquarie Capital (USA) Inc. and Jefferies Finance LLC acted as joint lead arrangers with respect to the October 2018 Joinder and received fees in connection therewith. Entities affiliated with KKR & Co. Inc. currently own approximately 25.5% of the Company’s outstanding common stock.

Cahill represented the lead arrangers with a team including David L. Barash (Picture), Joshua Chao and Alexandria Plaia.

Involved fees earner: David Barash – Cahill Gordon & Reindel; Joshua Chao – Cahill Gordon & Reindel; Alexandria Plaia – Cahill Gordon & Reindel;

Law Firms: Cahill Gordon & Reindel;

Clients: Barclays Bank; Citigroup Global Markets Ltd; Goldman, Sachs & Co.; Merrill Lynch, Pierce, Fenner & Smith Incorporated; Mizuho; Morgan Stanley Senior Funding, Inc.; Macquarie Capital; KKR Capital Markets Limited; Wells Fargo Securities; UBS Securities LLC; Jefferies Finance LLC;

Author: Ambrogio Visconti