Village Roadshow Finalizes $275M In New Capital

LOS ANGELES, CALIFORNIA, June 28, 2012 – Village Roadshow Entertainment Group (VREG) today closed a US$380 million recapitalization that will include the injection of US$275 million in new capital as part of a six-year mezzanine and equity arrangement with Trinity Opportunities Limited (Trinity) arranged by the Company in conjunction with Hong Kong-based Shikumen Capital Management (HK) Limited (SCM).

The new capital will be used to strengthen VREG’s balance sheet, increase the number of co-financed and co-produced films by Village Roadshow Pictures (VRP) and support the continued growth of the Village Roadshow Entertainment Group Asia (VREG Asia) film business in China. (more…)

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