Cahill Represents Administrative Agent and Lead Arranger in Townsquare Media’s $490 Million Credit Facilities
Date: 02/19/25
Cahill represented the administrative agent and lead arranger in connection with a $470 million Term B credit facility and a $20 million revolving credit facility for Townsquare Media, Inc.
Proceeds from the credit facilities were used to redeem outstanding debt securities.
Townsquare is a community-focused digital media and digital marketing solutions company with market leading local radio stations, principally focused outside the top 50 markets in the U.S.