Cahill Represents Lead Arrangers In $975 Million Credit Facility For Quanex’s Acquisition Of Tyman

August 28, 2024

Source: Mondaq

Cahill represented the lead arrangers in connection with a $475 million revolving credit facility and a $500 million term A credit facility for Quanex Building Products Corporation.

Proceeds from the credit facilities will be used for the acquisition of Tyman plc., as well as a refinancing of its existing credit facility and general corporate purposes.

Quanex (NYSE: NX) is a global, publicly traded manufacturing company serving OEMs in the fenestration, cabinetry, solar, refrigeration, and outdoor products markets.