The McClatchy Company Completes $875 Million Rule 144A Offering and Tender Offers

Cahill represented J.P. Morgan Securities Inc., Banc of America Securities LLC, Credit Suisse Securities (USA) LLC and Lazard Capital Markets LLC as initial purchasers in a Rule 144A offering of $875,000,000 of 11.50% Senior Secured Notes due 2017 issued by The McClatchy Company. Cahill also represented Credit Suisse Securities (USA) LLC and Lazard Freres & Co. in connection with a tender offer for $166 million in aggregate principal amount of the The McClatchy Company's 7.125% notes due 2011 and a tender offer and consent solicitation for $24 million in aggregate principal amount of its 15.75% senior notes due 2014.