George J.Cahill

Of Counsel

New York + 1.212.326.3469

George Cahill is a seasoned lawyer with two decades of law firm and in-house experience focusing on trading agreements, structured products, private credit, and restructurings.

George advises dealers and end-users on derivatives documentation and regulations. He has significant transactional experience across asset classes, including credit, equities, energy, commodities, interest rates, and currencies, and he regularly counsels clients on the regulatory frameworks that developed in the wake of the Dodd-Frank Act.

George has substantial experience with structured products and has represented arrangers, trustees, collateral managers, and investors in a wide variety of securitizations, including collateralized loan obligations (CLOs), residential mortgage-backed securities (RMBS), and esoteric asset-backed securitizations (ABS).

He has also represented lenders, borrowers, and sponsors in loan originations, including private credit transactions and portfolio financings.

George regularly advises creditors and debtors in connection with restructurings, liability management transactions (LMTs), intercreditor disputes, and credit default swap (CDS) positions.

Prior to rejoining Jones Day, George was a partner at another global law firm. He also spent more than a decade as in-house counsel at financial institutions, most recently as a managing director of the Lehman Brothers Holdings bankruptcy estate, where he oversaw the unwind of more than a million derivatives trades in connection with the largest bankruptcy in history.

George is also a chartered financial analyst (CFA) charterholder and a member of New York City Bar Association's structured finance committee.

Experience

  • MRESC-K obtains warehouse financing facilityJones Day represented MRESC-K, a joint venture among certain entities managed by Makarora Management LP and KREI Credit Opportunities, LLC, in connection with a master repurchase agreement that provides MRESC-K, through a wholly-owned subsidiary of the fund, with warehouse financing for commercial real estate loan acquisitions.
  • Procter & Gamble signs 10-year VPPA with Renewable Power Capital for wind energy project in SwedenJones Day advised The Procter & Gamble Company (P&G) in entering into a 10-year virtual power purchase agreement (VPPA) with a subsidiary of renewable energy developer Renewable Power Capital (RPC) for a wind energy project in Sweden with an expected capacity of 140 MW.
  • MassMutual and affiliate Great American Life Insurance Company enter into financing arrangement with others to purchase approximately $800 million of asset-backed notes to fund acquisition of natural gas assets located in TexasJones Day represented Massachusetts Mutual Life Insurance Company and Great American Life Insurance Company in connection with the issuance and purchase of approximately $800 million of asset-backed notes and certificates, the proceeds of which are being used to acquire natural gas assets located in Texas.
  • Private credit lender provides $105 million credit facility to owner of upstream oil and gas assets located in Permian Basin of Texas and New MexicoJones Day advised a private credit lender in the structuring and negotiation of a $105 million senior secured term loan and revolving credit facility provided to an owner of upstream oil and gas assets located in the Permian Basin of Texas and New Mexico.
  • Procter & Gamble enters into two 15-year virtual power purchase agreements with EDPR for solar and wind energy in EUJones Day advised The Procter Gamble Company in entering into two 15-year virtual power purchase agreements (VPPAs) to purchase electricity and guarantees of origin (GOs) from solar and wind energy projects in the EU owned by a subsidiary of renewable energy developer EDP Renováveis, S.A. (EDPR).
  • Procter & Gamble enters into long-term VPPA with ENGIE for Sun Valley solar energy projectJones Day advised The Procter & Gamble Company (P&G) in entering into a long-term virtual power purchase agreement (VPPA) for a solar energy project owned by ENGIE North America Inc., subsidiary of renewable energy developer Engie SA (Engie).
  • Wells Fargo-led syndicate of lenders successfully negotiate secured $1.1 billion restructuring credit facility for Pennsylvania Real Estate Investment Trust (PREIT)Jones Day represented Wells Fargo Bank, National Association (“Wells Fargo”), as administrative agent, in connection with the Chapter 11 financial reorganization plan of Pennsylvania Real Estate Investment Trust (“PREIT”), a publicly traded real estate investment trust that owns and manages a portfolio of shopping malls totaling over 23 million square feet of retail space.
  • Merchant banking firm provides $122.5 million acquisition financing to provider of construction accounting software and payroll servicesJones Day advised a merchant banking firm in connection with a $122.5 million senior secured credit facility, comprised of a $110 million term loan and a $12.5 million revolving credit facility, supporting the acquisition of a leading provider of construction accounting software and payroll services for small- to mid-sized specialty contractors in Ohio.
  • Global systemically important bank (GSIB) conducts risk assessment to determine impact of LIBOR transition on enterprise-wide portfoliosJones Day is advising a GSIB with respect to enterprise-wide portfolios impacted by the LIBOR transition, including conducting portfolio-wide risk impact assessments, analyzing various consumer products, and developing litigation contingency plans.
  • Sacyr Concesiones S.L. obtains $451.5 million project financing for Colombian toll road projectJones Day represented Sacyr Concesiones S.L., as sponsor, Unión Vial Río Pamplonita S.A.S., as concessionaire, and Fideicomiso Unión Vial Río Pamplonita S.A.S., as borrower, in connection with a $451.5 million long-term project financing, consisting of a U.S. dollar tranche and Colombian Peso debt tranches, provided by a syndicate of major financial institutions led by Deutsche Bank AG, New York Branch and JPMorgan Chase Bank, N.A.
  • Cardinal States Gathering Company and CSG Holdings obtain $125 million senior secured term loan facilityJones Day represented Cardinal States Gathering Company LLC and CSG Holdings I LLC in connection with a $125 million senior secured term loan facility provided by a syndicate of lenders led by Investec Bank plc, as administrative agent.
  • CSG Holdings obtains $50 million senior secured term loan facilityJones Day represented CSG Holdings II LLC and CSG Holdings III LLC in connection with a $50 million senior secured term loan facility provided by a syndicate of lenders led by Investec Bank plc, as administrative agent.
  • Direct lender provides $100 million senior secured credit facility to upstream oil and gas companyJones Day represented a direct lender in connection with a $100 million senior secured credit facility provided to an upstream oil and gas company.
  • Wells Fargo obtains summary judgment win in CDO litigationJones Day represented Wells Fargo Bank, N.A., Wells Fargo Securities LLC, and affiliate Structured Asset Investors LLC, as successor-in-interest to Wachovia Bank and Wachovia Securities, in an action filed by offshore investment vehicles of the German bank IKB alleging common law fraud in the sales of notes from three CDOs: Octans II, Sagittarius, and Longshore.
  • Corporate trustees seek advice relating to LIBOR transitionJones Day is advising two U.S.-based corporate trustees with respect to portfolios impacted by LIBOR transition and COFI cessation, including conducting portfolio-wide risk impact assessments, analyzing various consumer products, and developing litigation contingency plans.
  • CECO Environmental obtains $190 million financingJones Day represented CECO Environmental Corp., a leading global provider of industrial engineered products and solutions, and certain of its subsidiaries in connection with a new $190 million senior secured credit agreement, consisting of a $140 million senior secured revolving credit facility and a $50 million senior secured term loan facility.
  • Conagra Brands acquires Pinnacle Foods for $10.9 billion in cash and stockJones Day advised Conagra Brands, Inc. in connection with the acquisition and related financing of Pinnacle Foods Inc. in a $10.9 billion merger.