Olin Corporation’s $750 Million Offering

Cahill represented the underwriters in connection with the offering

Olin Corporation (NYSE: OLN) intends to commence an offering of $750 million aggregate principal amount of Senior Notes due 2029, subject to market and other conditions.

The Senior Notes will be sold pursuant to Olin’s shelf registration statement and the base prospectus on file with the Securities and Exchange Commission (“SEC”).

The underwriters for the transaction are J.P. Morgan Securities LLC, BofA Merrill Lynch, Citigroup Global Markets Inc., ING Financial Markets, MUFG Securities Americas Inc., PNC Capital Markets LLC, SMBC Nikko Securities America, Inc., TD Securities (USA) LLC and Wells Fargo Securities, LLC. Olin expects to use the net proceeds of the offering to prepay all of the term loans outstanding under its senior term loan credit facility and all of the loans outstanding under its receivables financing credit facility, and Olin expects to use the remaining net proceeds to pay fees and expenses and fund general corporate purposes.

Cahill represented the underwriters with a team including William J. Miller (Picture), Lisa Collier, Michael Jiang, Marc Shepsman and Stephan S. Soro.

Involved fees earner: Lisa Collier – Cahill Gordon & Reindel; Michael Jiang – Cahill Gordon & Reindel; William Miller – Cahill Gordon & Reindel; Marc Shepsman – Cahill Gordon & Reindel; Stephan Soro – Cahill Gordon & Reindel;

Law Firms: Cahill Gordon & Reindel;

Clients: Bank of America Merrill Lynch; Citigroup Global Markets Ltd; ING Financial Markets LLC; JP Morgan Securities; MUFG Securities Americas Inc. ; PNC Capital Markets LLC; SMBC Nikko Securities America; TD Securities; Wells Fargo Securities;

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Author: Ambrogio Visconti