Cahill Represents Initial Purchasers in $850 Million Notes Offering by Clear Channel

May 1, 2014

Cahill represented the joint book-running managers in connection with the Rule 144A offering of $850,000,000 aggregate principal amount of 10.0% Senior Notes due 2018 by CCU Escrow Corporation, an escrow corporation for Clear Channel Communications, Inc. Upon release from escrow, proceeds will be used to refinance existing indebtedness.