Representation of Screaming Eagle Acquisition Corp., a special purpose acquisition company (SPAC), on its agreement to combine with the studio business of Lionsgate, which comprises its Television Studio and Motion Picture Group segments and one of the world's most valuable film and television libraries, to launch Lionsgate Studios Corp. (Lionsgate Studios). The Firm also advised Screaming Eagle on obtaining commitments from leading mutual funds and other investors for a US$175 million PIPE in connection with the transaction.
Representation of JetBlue Airways Corporation and JetBlue Loyalty, LP on their issuance of US$2 billion aggregate principal amount of 9.875% senior secured notes due 2031 and the simultaneous closing of a US$765 million senior secured term loan. Both the notes and term loan are secured by the loyalty assets of JetBlue Airways Corporation.