The transaction is sourced from an 8-K filing with the SEC, filed via SEC EDGAR and published on March 11, 2025. The deal's current status is pending regulatory approval.
On the financial advisory side, Perella Weinberg Partners served as financial advisor to the company (E.W. Scripps, the issuer), with no lead/non-lead designation specified. Separately, Moelis & Company LLC served as financial advisor to an ad hoc group of certain initial consenting holders, categorized as creditors, also without a specified lead designation.
On the legal side, Simpson Thacher & Bartlett LLP served as counsel to the company (issuer), per the same source sentence naming Perella Weinberg Partners' role, while Davis Polk & Wardwell LLP served as counsel to the ad hoc group of initial consenting holders (creditors).
Beyond the classification of this transaction as a term loan refinancing paired with broader liability management, with a disclosed value of $1,300,000,000, no further detail on the specific term loan's pricing, maturity, or amendment terms is provided in the facts block.
Several items are not disclosed in the available record. No sector classification is given, and no lead/non-lead designation is specified for either Perella Weinberg Partners or Moelis & Company in their respective advisory roles. No expected closing date or further timeline detail beyond the March 2025 filing date and pending-regulatory status is given.