Cahill Represents Initial Purchasers in $725 Million Senior Notes Offering by Gray Television
Date: 09/14/16
Cahill represented Wells Fargo Securities, BofA Merrill Lynch, RBC Capital Markets, and Deutsche Bank as book-running managers in connection with the Rule 144A offering of $525,000,000 aggregate principal amount of 5.125% Senior Notes due 2024 and $200,000,000 aggregate principal amount of 5.875% Senior Note due 2026 by Gray Television, Inc. Proceeds from the offering were used to refinance existing indebtedness.
Cahill also represented Wells Fargo Securities and BofA Merrill Lynch as Dealer Managers in connection with Gray's concurrent tender offer for its 7.5% Senior Notes due 2020.