Cahill Represents $860 Million of Debt Financings Sources, Consisting of $785 Million Notes Offering and $75 Million Credit Facility for Centerfield Media Parent, Inc.
Date: 07/30/21
Cahill represented the initial purchasers in connection with a Rule 144A offering of $785,000,000 aggregate principal amount of 6.625% senior secured notes due 2026 by Centerfield Media Parent, Inc. Proceeds from the offering were used for an acquisition by issuer. Cahill also represented the lead arrangers in connection with a $75,000,000 super priority revolving credit facility for Centerfield Media Parent, Inc. Proceeds from the credit facility will be used for the acquisition by the borrower, to fund original issue discount or upfront fees and to replace, backstop or cash collateralize existing letters of credit, guarantees or surety bonds. Centerfield is a technology enabled customer experience company.