Cahill Represents Financing Sources in connection with Acquisition of Bankrate, Inc. by Red Ventures
Date: 11/08/17
Cahill represented Bank of America, N.A. as lead arranger and administrative agent, and the other lead arrangers in connection with a $2,000,000,000 first lien term loan, a $400,000,000 second lien term loan and a $200,000,000 first lien revolving credit facility for Red Ventures, LLC and New Imagitas, Inc., a digital consumer choice platform. Proceeds from the credit facilities were used to finance a portion of the acquisition of Bankrate, Inc. by Red Ventures.