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Firm News

Julie Cohen
Director of Marketing and Communications

Cahill Represents Initial Purchasers and Mandated Lead Arrangers in a £2 Billion (equivalent) Senior Secured Financing for 888 Acquisitions Limited

Date: 08/08/22

Cahill represented the initial purchasers in connection with an offering of €400,000,000 aggregate principal amount of senior secured fixed rate notes due 2027 and €300,000,000 aggregate principal amount of senior secured floating rate notes due 2028 by 888 Acquisitions Limited and the mandated lead arrangers in connection with £1,400 million (equivalent) senior secured facilities. Proceeds from the senior secured term financing were used for repaying outstanding amounts under existing facilities in connection with the acquisition of the international non-US business operated by William Hill Cayman Holdings Limited. 888 is one of the world's most popular online betting and gaming entertainment and solutions providers.