Cahill Represents Lead Arrangers in Nexstar Media's $1.9 Billion Term Loan A Facility, $1.3 Billion Term Loan B Facility and $750 Million Revolving Credit Facility
Date: 06/27/25
Cahill represented the lead arrangers in connection with credit agreement amendments to provide for (1) a new $1.9 billion Term A Credit Facility, a new $1.3 billion Term B Credit Facility and a new $750 million Revolving Credit Facility for Nexstar Media Inc. and (2) a new $75 million revolving credit facility for Mission Broadcasting, Inc., a variable interest entity of Nexstar Media Inc.
Proceeds of the new Facilities were used to refinancing existing indebtedness.