Tribune Media Company Revolver Refinancing and $1.76 Billion Term Loan Refinancing

Davis Polk advised the joint lead arrangers and bookrunners in connection with amendment no. 2 to the credit agreement dated as of December 27, 2013, among Tribune Media Company, as borrower, the administrative agent and the other parties thereto, pursuant to which, among other things, certain revolving commitments and term loans were converted into new tranches with extended maturity dates.

Tribune Media Company is home to a diverse portfolio of television and digital properties driven by quality news, entertainment and sports programming. Tribune Media Company is comprised of Tribune Broadcasting's 42 owned or operated local television stations reaching more than 50 million households, national entertainment network WGN America, whose reach is approaching 80 million households, Tribune Studios and a variety of digital applications and websites commanding 60 million monthly unique visitors online, including and

The Davis Polk financing team included partner Meyer C. Dworkin and associates Jeong M. Oh and Scott M. Herrig. Counsel Jeanine P. McGuinness and associate Britt Mosman provided regulatory advice. Members of the Davis Polk team are based in the New York and Washington DC offices.