Cahill Represents Lead Arrangers in $3.1 Billion Term Loan Refinancing and $20 Million Revolver Commitment Increase and Maturity Extension for Asurion, LLC
Date: 12/23/20
Cahill represented the lead arrangers in connection with a refinancing amendment to $3,100,000,000 of term B credit and an incremental revolving increase of $20,000,000 to the revolving credit facility for Asurion, LLC. Proceeds from the credit facilities will be used to refinance their existing term loan credit and other general corporate purposes. Asurion, LLC provides insurance for smartphones, tablets, consumer electronics, appliances, satellite receivers and jewelry.