With a history of legal innovation dating back to the firm’s founding in 1919, Cahill Gordon & Reindel
LLP is trusted by market-leading financial institutions, companies and their boards to manage significant litigation, regulatory matters and transactions. The firm is based in New York with offices in London and Washington, D.C.
Cahill represented the administrative agent and certain revolving lenders in the restructuring of Aimbridge Hospitality...
United States
Cahill represented the administrative agent and certain
revolving lenders in the restructuring of Aimbridge Hospitality,
the world’s third largest third-party hotel operator.
The complex recapitalization transaction involves a $1.3 billion
debt-to-equity conversion of first- and second-lien loans as well
as an infusion of $100 million in new capital. The transaction,
which was overwhelmingly supported by the company’s lenders
and sponsor, significantly strengthens Aimbridge’s balance
sheet.
Aimbridge Hospitality is a leading global hospitality
company.
Contributor
With a history of legal innovation dating back to the firm’s founding in 1919, Cahill Gordon & Reindel
LLP is trusted by market-leading financial institutions, companies and their boards to manage significant litigation, regulatory matters and transactions. The firm is based in New York with offices in London and Washington, D.C.
