Cahill Represents Lead Arrangers in Connection with $1.9 Billion Term Loan and $200 Million Revolving Credit Facilities for Telesat Canada
Date: 12/06/19
Cahill represented the lead arrangers in connection with an amendment to Telesat Canada and Telesat LLC’s existing credit agreement. The amendment provided for a new $1,908,500,000.00 term loan B credit facility and a new $200,000,000.00 revolving credit facility. Proceeds of the new credit facilities were used, together with proceeds of a concurrent senior secured notes offering, to refinance existing indebtedness.