Cahill Advises Financing Sources and Lead Arrangers in Nexstar’s Proposed $6.2 Billion Acquisition of Tegna
Date: 08/19/25
Cahill is representing the financing sources and lead arrangers in connection with financing commitments to support Nexstar Media Group Inc.’s proposed $6.2 billion all-cash acquisition of TEGNA Inc.
The financing commitments are with respect to an aggregate principal amount of $6.17 billion of credit facilities and bridge loans.
This move, set to close in the second half of 2026 subject to regulatory and shareholder approval, would further cement Nexstar’s position as the largest owner of local television stations in the U.S.
Cahill’s role in structuring and advising on the financing behind this transformative broadcast deal underscores the firm’s skill and experience in high-profile media-sector transactions.
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