Cahill represented the initial purchasers in connection with a Rule 144A offering of $430 million aggregate principal amount of senior secured notes by Team Health Holdings, Inc.
Proceeds from the offering were used to repay certain existing indebtedness.
Cahill also represented the lead arrangers in connection with a $950 million Term Loan B credit facility for Team Health Holdings, Inc. Proceeds from the term loan, along with a concurrent secured notes offering, were used to refinance an existing term loan facility.
Team Health Holdings, Inc. is a physician-founded and led facility-based practice comprising approximately 19,000 affiliated healthcare professionals, advanced practice clinicians, and administrative and operational associates.