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Julie Cohen
Chief Marketing Officer
212.701.3614
jcohen@cahill.com

Cahill Represents Debt Financing Sources in Herschend’s $1.21 Billion Debt Financings to Acquire Palace Entertainment’s U.S. Attractions

Date: 05/27/25

Cahill represented the lead arrangers and the administrative agent in connection with a $1.108 billion term loan facility and a $100 million revolving credit facility for Herschend Entertainment Company.

Proceeds were used to finance the acquisition of Palace Entertainment, the U.S. business of Spain-based leisure parks operator Parques Reunidos, and to refinance existing indebtedness.

Herschend Entertainment Company is a family-owned entertainment company that operates theme parks, water parks, aquariums, and other tourist attractions, including the Harlem Globetrotters and Pink Adventure Tours.