Cahill Represents Lead Arrangers in The E.W. Scripps Company’s $1.16 Billion Credit Facilities
Date: 04/10/25
Cahill represented the administrative agent and lead arrangers in connection with a new credit agreement for The E.W. Scripps Company to (i) replace the company’s existing revolving credit facility with a new revolving credit facility with aggregate commitments of up to $208 million and a new non-extended revolving credit facility with aggregate commitments of up to $70 million and (ii) refinance the company’s existing tranche B-2 term loans with proceeds of approximately $545.2 million and the company’s existing tranche B-3 term loans with proceeds of approximately $341.1 million.
The E.W. Scripps Company is a communications company with a portfolio of television, radio, and digital media brands.