Cahill Represents Initial Purchasers in a $1 Billion Convertible Senior Notes Offering for Live Nation Entertainment, Inc.
Date: 01/12/23
Cahill represented the initial purchasers in connection with a Rule 144A offering of $1,000,000,000 aggregate principal amount of 3.125% convertible senior notes due 2029 by Live Nation Entertainment, Inc. Proceeds from the offering were used to fund the cost of entering into capped call transactions, to finance repurchases of the issuer’s 2023 convertible notes and for general corporate purposes. Live Nation is one of the largest live entertainment companies in the world.