Cahill Represents Financing Sources in $350 Million Notes Offering and $290 Million Term Loan for Seminole Hard Rock
Date: 05/14/13
Cahill represented BofA Merrill Lynch and Credit Suisse as joint book-running managers in connection with the Rule 144A offering of $350,000,000 aggregate principal amount of 5.875% Senior Notes due 2021 by Seminole Hard Rock Entertainment, Inc. and Seminole Hard Rock International, LLC. Cahill also represented Bank of America as administrative agent and Bank of America and Credit Suisse as lead arrangers in connection with the $290,000,000 Term A loan for Seminole Hard Rock.
Proceeds from the offering and loan will be used refinance existing indebtedness, for general corporate purposes and to fund Hard Rock’s tender offer for any and all of the their outstanding $525,000,000 floating rate senior secured notes due 2014.