Cahill Represents Arrangers in Term Loan Facility for Nine Entertainment
Date: 09/30/13
Cahill represented agents and arrangers UBS, Morgan Stanley and Nomura in connection with a $185 million term loan facility for Nine Entertainment, owner of the Australian Nine Television Network. The proceeds were used in connection with the acquisition of Swan Television & Radio Broadcasters Pty Limited, a Perth television station. The Nine Television Network is one of Australia's top-rated commercial television networks, owning television stations in the major Australian markets of Sydney, Melbourne and Brisbane, along with an interest in the Australian New Channel (Sky News).