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Cahill’s Ezring advises financing sources on Cengage’s Chapter 11 exit

Cahill represented Credit Suisse as administrative agent and lead arranger, and Citi, Morgan Stanley, Deutsche Bank and KKR Capital Markets as arrangers in the $1.75 billion Term B loan

Cahill Gordon & Reindel LLP Partner Jennifer B. Ezring

Educational content provider Cengage Learning Acquisitions, Inc. was striving for a textbook emergence from Chapter 11 bankruptcy, and Cahill Gordon & Reindel LLP Partner Jennifer B. Ezring helped lead the team that advised the financing groups on the matter.

Cahill represented Credit Suisse as administrative agent and lead arranger, and Citi, Morgan Stanley, Deutsche Bank and KKR Capital Markets as arrangers in the $1.75 billion Term B loan. Proceeds from the loan were used in connection with Cengage Learning’s April 1 exit from Chapter 11 bankruptcy.

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Amy I. Stickel

Amy I. Stickel has extensive experience covering the legal, financial and pharmaceutical industries as a writer and editor. A past managing editor of Corporate Legal Times and...

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