Cengage Learning Acquisitions Completes $725 Million Secured Notes Offering and Amended Credit Facility

April 10, 2012

Cahill represented J.P. Morgan, Deutsche Bank Securities, Morgan Stanley, RBC Capital Markets and UBS Investment Bank as joint book-running managers in connection with the Rule 144A/Reg S offering of $725,000,000 11.5% Senior Secured Notes due 2020 by Cengage Learning Acquisitions, Inc.

Cahill also represented JPMorgan Chase Bank as administrative agent in connection with the amendment and extension of a portion of Cengage’s approximately $3,400,000,000 term loan facility, the increase of their revolving credit commitments to $525,000,000, and an amendment and extension of a portion of their revolving credit commitments.