Firm News: Cahill Advises on Financing Commitments for $28 Billion Merger of Paramount Global and Skydance 07.11.2024

Cahill Advises on Financing Commitments for $28 Billion Merger of Paramount Global and Skydance

Date: 07/11/24

Cahill is representing the lenders in the financing commitments for Paramount Global's agreement to merge with Skydance Media.

As part of the merger, Skydance will acquire Shari Redstone's National Amusements, the largest shareholder of Paramount Global's Class A shares. This transaction prices Paramount Global at an implied enterprise value of $28 billion.

In the year-to-date, Cahill has advised leading investment banks on 12 M&A-related North American loans that closed with an aggregate value of $10.3 billion, resulting in a 30+% market share.*

Led by partners Jim Clark, Ariel Goldman, and Tristan Manley and associates John Chtchekine and Alexa De Leon, our team helped the client successfully navigate numerous bespoke and carefully negotiated terms resulting from the various complexities of the transaction and tight lending markets.

*Debtwire as of 7/10/2024