Debevoise & Plimpton LLP has advised White Cap, a portfolio company of CD&R, in its offering of $650 million aggregate principal amount of 7.375% senior unsecured notes due 2030 and the concurrent amendment and extension of the maturity date of its existing $1.5 billion asset-based revolving credit facility and $50 million cash flow-based revolving credit facility. The proceeds from the 7.375% senior unsecured secured notes due 2030 were used, in part, to redeem its outstanding 6.875% senior unsecured notes due 2028.

The Debevoise team was led by capital markets partner Steven Slutzky and finance partner Jeffrey Ross and included capital markets partner Benjamin Pedersen and associates Julia Czyzowicz, Chris Gallucci, John Jacob, Leor Leben and Grace Li, finance counsel Jonathon Yeung, associates Caitlin Kim, Dara Liss, Marta Poplawski and Hanson Yu and law clerks Arianna Carroll and Lok Ngai Ho, tax partner Erin Cleary, counsel Samuel Krawiecz and associate John Nelson and environmental counsel Stuart Hammer.