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 initial purchasers in connection with a Rule 144A offering of $900 million aggregate principal amount of 9.625% senior secured second lien notes due 2032 by Gray Media, Inc.
United States
Cahill represented the initial purchasers in connection with a
Rule 144A offering of $900 million aggregate principal amount of
9.625% senior secured second lien notes due 2032 by Gray Media,
Inc.
Proceeds from the offering were used, together with borrowings
under Gray's revolving credit facility, to redeem all of
Gray's outstanding 7.0% senior notes due 2027, repay a portion
of Gray's term loan F due 2029 and pay fees and expenses in
connection with the offering.
Gray Media, Inc. is the nation's largest owner of top-rated
local television stations and digital assets in the United
States.
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.