Cahill Represents Initial Purchasers in a $1.4 Billion Add-on Notes Offering for DIRECTV Financing, LLC and DIRECTV Financing Co-Obligor, Inc.
Date: 12/09/21
Cahill represented the initial purchasers in connection with a Rule 144A offering of an additional $1,400,000,000 aggregate principal amount of its 5.875% senior secured notes due 2027 by DIRECTV Financing, LLC and DIRECTV Financing Co-Obligor, Inc. Proceeds from the offering were used for the repayment of preferred equity. DIRECTV is a leading provider of premium digital video services in the United States.