Shearman And Sterling

News October 11, 2019

MSGN Holdings $1.35 Billion Secured Term Loan and Revolving Credit Financing

Shearman & Sterling advised JPMorgan Chase Bank as administrative agent, on a $1.35 billion refinancing for MSGN Holdings, L.P. consisting of a $1.1 billion secured term loan facility and a $250 million revolving credit facility, the proceeds of which were or will be used to refinance MSGN’s existing credit facility, pay fees, costs and expenses incurred in connection with the refinancing, and for working capital and other general corporate purposes.

The Team