Willkie Farr & Gallagher has advised troubled cable giant Adelphia Communications on the securing of a $8.8bn (£4.82bn) financing package to fund its Chapter 11 exit facility.
The communications group has finally received commitments from JP Morgan Chase, Credit Suisse First Boston, Citigroup and Deutsche Bank to finance its Chapter 11 reorganisation, which was filed last month in the Southern Bankruptcy Court of New York.
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