NEW YORK – June 21, 2012 – The Weinstein Company (TWC) announced today that their Strategic Initiatives, Investments and Banking (SIIB) division has closed $225 million in new financings between two revolving multi-bank facilities. A $150 million domestic-focused revolving facility was closed and agented by Union Bank’s Bryan LaCour, Tony Beaudoin and Alex Cho. Also key to a successful closing were joint lead arrangers and joint book runners from CIT, Wade Layton and Kevin Khanna, and UBS Investment Bank. Union Bank will serve as Collateral Administrator for this facility. An additional $75 million revolving new media facility was structured and agented by UBS Investment Bank. OneWest Bank will serve as Collateral Administrator for this UBS Facility, led by Joe Woolf. The announcement was made today by TWC COO David Glasser. These two facilities will play an instrumental role in continuing TWC’s transformation as a minimajor film studio now largely supported by institutional financing. Originated by leaders in the financial communities on both coasts, this capacity will allow for TWC to act on opportunities worldwide as they become available.
Weinstein Co Finalizes $225M In Financing
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