Akin Gump Advising Sorenson Holdings in Planned Refinancing of Existing Indebtedness from the Proceeds of a Term Loan
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(New York) – Utah-based Sorenson Holdings, LLC (“Sorenson”) today announced that it intends to pursue a new senior secured loan financing for the purpose of refinancing certain debt of Sorenson and its wholly owned subsidiary, Sorenson Communications, LLC (“SCL”), which may include Sorenson’s Senior Unsecured Notes due 2021, SCL’s Senior Secured Second Lien Notes due 2020 and the loans outstanding under SCL’s First Lien Credit Agreement dated as of April 30, 2014, as amended.
A team from Akin Gump is representing longtime client Sorenson in the matter. The team is being led by corporate partner Dan Fisher and includes corporate partner Jaisohn Im and associate Charlie Hely, both of whom are advising on finance matters, and counsel Jesse Brush, who is advising on securities matters.
Founded in 1945, Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
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