Cahill represented the administrative agent in connection with a $200 million aggregate principal amount new first lien term loan facility and the exchange of $1,076.6 million aggregate principal amount of existing term loans for a combination of new first lien term loans, new first lien notes and new second lien term loans and representing the administrative agent and revolving lenders in connection with the exchange of $300.0 million of existing revolving credit commitments for $277.5 million of new revolving credit commitments, in each case, as part of Shutterfly, LCC's announced refinancing transaction which extended existing debt maturities and improved liquidity.
PRESS RELEASE
6 July 2023
Shutterfly Refinancing Transaction
Cahill Gordon & Reindel LLP
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With a history of legal innovation dating back to the firm’s founding in 1919, Cahill Gordon & Reindel
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Cahill represented the administrative agent in connection with a $200 million aggregate principal amount new first lien term loan facility and the exchange...