We have represented Corrections Corporation of America (CCA) in connection with its senior credit facility transactions, including a $785 million senior revolving credit facility led by Wells Fargo Bank, National Association (Bank of America, N.A., Administrative Agent). We also represented the company in amending the credit facility to accommodate its REIT structure and the issuance of senior notes and to increase the amount to $900 million.
CCA (NYSE: CSX) is a publicly traded real estate investment trust (REIT), and the nation’s largest owner of partnership correction and detention facilities and one of the largest prison operators in the United States.