MGM Resorts International’s $2.25 Billion Amended Credit Facilities

Cahill represented the Bank of America as lead arranger and administrative agent in connection with an amendment to MGM Resorts International’s existing senior credit facilities to increase its term loan A facility to $750,000,000 and increase its revolving credit facility to $1,500,000,000.

Proceeds from the increased facilities were used to refinance existing indebtedness. MGM Resorts International is an American global hospitality and entertainment company operating destination resorts.

Cahill advised Bank of America with a team including Ariel Goldman (Picture), Noah B. Newitz, Christopher Bevan, Debra Edelman, Andrew Schwartz and Daniel Stemp.

Involved fees earner: Christopher Bevan – Cahill Gordon & Reindel; Debra Edelman – Cahill Gordon & Reindel; Ariel Goldman – Cahill Gordon & Reindel; Noah Newitz – Cahill Gordon & Reindel; Andrew Schwartz – Cahill Gordon & Reindel; Daniel Stemp – Cahill Gordon & Reindel;

Law Firms: Cahill Gordon & Reindel;

Clients: Bank of America;