Cahill Represents Lead Arrangers in Connection with $1.9 Billion Term Loan and $200 Million Revolving Credit Facilities for Telesat Canada

December 6, 2019

Cahill represented the lead arrangers in connection with an amendment to Telesat Canada and Telesat LLC’s existing credit agreement.  The amendment provided for a new $1,908,500,000.00 term loan B credit facility and a new $200,000,000.00 revolving credit facility.  Proceeds of the new credit facilities were used, together with proceeds of a concurrent senior secured notes offering, to refinance existing indebtedness.