CORPORATE GROUP COMPLETES $1.5 BILLION SENIOR SECURED CREDIT FACILITY FOR PUBLIC CLIENT

The firm represented a publicly traded market-leading provider of commercial life safety solutions and specialty services in connection with its negotiation and closing of a senior secured credit facility with a consortium of banks including Citigroup, Bank of America Merrill Lynch, Barclays, UBS and U.S. Bank. The credit agreement provides for a term loan of $1.2 billion and borrowings of up to $300 million under a revolving credit facility and was entered into contemporaneously with an acquisition of approximately $2.9 billion. Kane Kessler attorneys involved in the transaction were Robert Lawrence, Mitchell Hollander, Gary Constable, Joseph Ventimiglia, Peter Herman and James Gaskill.