Cahill Represents Financing Sources in Yahoo's $1.6 Comprehensive Refinancing

May 12, 2026

Cahill represented (i) the initial purchasers in connection with a Rule 144A offering of $900 million aggregate principal amount of 11% senior secured notes due 2031, and (ii) the lead arrangers in connection with an Amendment and Restatement of a $700 million term loan credit facility and $150 million revolving credit facility, in each case for AP Core Holdings II, LLC, the primary operating subsidiary of Yahoo.

Proceeds from the notes offering and credit facilities were used to refinance Yahoo's existing credit facilities in full and for general corporate purposes.

Yahoo is a leading consumer internet company, with a portfolio of digital products and services across email, news, finance, sports, and search.