The debt rating firm strongly hinted that it will upgrade Lionsgate’s B2 debt rating, which would mean that the company could pay lower interest rates on the cash it borrows: The $150+M domestic opening for The Hunger Games “will likely have strong implications for the success of the remaining three films in the franchise,” Moody’s Investors Service SVP Neil Begley says. “While we had strong performance expectations for the first film in the series, the actual performance materially exceeded those expectations, and positions the company well in the current review for upgrade.” Lionsgate bulls are stampeding today as its stock price hovers around 15.23, +4.8%, in mid-afternoon trading. If that holds, it would be slightly shy of the all-time high closing price of $15.68 hit last week.
'Hunger Games' Success Positions Lionsgate For Debt Upgrade: Moody's
What's Hot on Deadline
Latest Film News
- Al Gore Tests Box Office Climate With 'An Inconvenient Sequel'; New Pics With Cotillard, Butler & Cera…
- ‘The Murders Of Molly Southbourne’ Picked Up By Cathy Schulman’s Welle Entertainment
- New ‘Flint’ Water Crisis Documentary Unveiled At Traverse City Film Festival
- George Clooney Promises Legal Action Over Paparazzi Photos Of Infants
- Marty Sklar Dies: Longtime Imagineer, Theme Park Designer & Walt Disney’s “Right-Hand Man” Was 83
- Peter Bart: Police Sadism In ‘Detroit’ May Stir Audiences, But Will It Also Provoke Them?