News Corporation’s $1.25 Billion Credit Facilities

Cahill represented the lead arrangers in the offering.

News Corporation executed a $750,000,000 revolving credit facility and a $500,000,000 term A facility.

BofA Securities, Inc., JPMorgan Chase Bank, N.A., Citibank, N.A., Morgan Stanley MUFG Loan Partners, LLC, acting through Morgan Stanley Senior Funding, Inc. and MUFG Bank, Ltd., Deutsche Bank Securities Inc., Goldman Sachs Bank USA, HSBC Bank USA, National Association and Bank of China, New York Branch acted as joint lead arrangers.

News Corporation is a media and information services company focused on creating and distributing authoritative and engaging content and other products and services to consumers and businesses throughout the world. 

The Cahill team included Corey Wright (Picture), Paula Azulay, Luisa Marin, Catherine E. Schaefer and Sean R. Tierney.

Involved fees earner: Paula Azulay – Cahill Gordon & Reindel; Luisa Marin – Cahill Gordon & Reindel; Catherine Schaefer – Cahill Gordon & Reindel; Sean Tierney – Cahill Gordon & Reindel; Corey Wright – Cahill Gordon & Reindel;

Law Firms: Cahill Gordon & Reindel;

Clients: Bank of America Securities; Bank of China, New York Branch; Citibank; Deutsche Bank Securities; Goldman Sachs Bank USA; HSBC Bank USA; JP Morgan Chase & Co.; Morgan Stanley Senior Funding, Inc.; MUFG Bank, Ltd.;