Engility Holdings Refinancing

We represented Engility Holdings, Inc. (NYSE: EGL) (Engility) in its $1.3 billion debt refinancing, which included a 144A private offering of $300 million aggregate principal amount of 8.875% senior notes due 2024 and refinance of its prior credit facilities. Upon the closing of the debt refinancing, Engility lowered its weighted average cost of debt from approximately 8.9% to approximately 6.5%, saving approximately $23 million in annualized interest expense savings.

Engility Holdings, Inc. (NYSE: EGL) is a pure-play government services contractor providing highly skilled personnel wherever, whenever they are needed in a cost-effective manner.

You Also May Be Interested In:

  • Representation of J. Knipper and Company, Inc. – one of the largest suppliers of end-to-end pharmaceutical samples management services and a Court Square portfolio company – and its affiliates, including KnippeRx, in its acquisition of Eagle Pharmacy – a Florida-based full-service, direct-to-patient (DTP) pharmacy. This strategic transaction for KnippeRx will expand the company’s pharmacy programs, scale and automation capabilities.

    We represented J. Knipper and Company, Inc. - one of the largest suppliers of end-to-end pharmaceutical samples management services and...
    Client Type: Private Company
  • Representation of the independent Special Committee of Strategic Storage Trust IV, Inc. (SST IV), in connection with a definitive agreement to merge SST IV and SmartStop Self Storage REIT, Inc., (SmartStop) in an all-stock transaction valued at $370 million

    We represented the independent Special Committee of Strategic Storage Trust IV, Inc. (SST IV), in connection with a definitive agreement...
    Client Type: Public Company
  • Representation of Addus HomeCare Corporation (Nasdaq: ADUS), the nation’s largest public provider of personal home care and support services, in its definitive agreement to acquire Queen City Hospice, LLC, and its affiliate Miracle City Hospice, LLC for a cash purchase price of $192.0 million

    We represented Addus HomeCare Corporation (Nasdaq: ADUS), the nation’s largest public provider of personal home care and support services, in...
    Client Type: Public Company