Nexstar Broadcasting, Inc.’s $2.676 Billion Credit Facility Refinancing

Cahill represented the lead arrangers in connection with a $2.676 billion refinancing of Nexstar Broadcasting, Inc.’s outstanding senior secured credit facilities, which included a $853 million senior secured Term Loan A credit facility, a $1.657 billion senior secured Term Loan B credit facility and a $166 million senior secured revolving credit facility.

Nexstar Broadcasting is a subsidiary of Nexstar Media Group, a leading diversified media company.

Merrill Lynch, Pierce, Fenner & Smith, Credit Suisse Loan Founding, Deutsche Bank Securities, Suntrust Robinson Humphrey, Barclays Bank and Wells Fargo Securities, acted as Lead Arrangers with respect to the Term A-4 Loans and Term B-3 Loans

Cahill advised with a team including Ariel Goldman (Picture), Luis R. Penalver, Debra Edelman, Biagio A. Marino and Matthew Rosenthal.


Involved fees earner: Ariel Goldman – Cahill Gordon & Reindel; Luis Penalver – Cahill Gordon & Reindel; Biagio Marino – Cahill Gordon & Reindel; Matthew Rosenthal – Cahill Gordon & Reindel; Debra Edelman – Cahill Gordon & Reindel;

Law Firms: Cahill Gordon & Reindel;

Clients: Barclays Bank; Credit Suisse; Deutsche Bank Securities; Merrill Lynch, Pierce, Fenner & Smith Incorporated; SunTrust Robinson Humphrey, Inc.; Wells Fargo Securities;


Author: Ambrogio Visconti