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Legal News

Cahill Represents Financing Sources in Bank & Bond Transactions for Jacobs Entertainment

Date: 02/07/17

Cahill represented Credit Suisse, Capital One Securities, and Wells Fargo Securities as joint book-running managers in connection with a Rule 144A offering of $350,000,000 aggregate principal amount of 7.875% Senior Secured Second Lien Notes due 2024 by Jacobs Entertainment, Inc., a developer, owner and operator of gaming and entertainment facilities in four regions of the United States. Proceeds from the offering were used in connection with the refinancing of existing indebtedness, for general corporate purposes, and in connection with various property acquisitions.

Cahill also represented Credit Suisse as administrative agent and lead arranger in connection with an amended and restated $50,000,000 revolving credit agreement for Jacobs Entertainment. Proceeds will be used for general corporate purposes, and to refinance existing indebtedness.