Insights

Choate Represents Citibank in Connection with NHL Credit Facility

Choate represented Citibank, NA as Administrative Agent for a syndicate of banks including Citibank, Bank of America and JPMorgan Chase Bank, and a syndicate of insurance companies in connection with $1.4 billion of revolving credit and term loan facilities established by NHL US Funding LLC on behalf of eleven participating National Hockey League member clubs.  Choate's deal team was lead by Lyman Bullard and Sean Monahan.

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions.  Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services and wealth management. 

For more information on Choate's Finance & Restructuring Group click here.