OddLot Unveils $50M Credit Facility, Promotes Finance Exec

Los Angeles, CA February 20, 2014 – Designed to provide an increased physical production capacity and related filmed entertainment ventures, OddLot Entertainment confirmed today that it has closed a $50 million revolving credit facility with J.P. Morgan and Comerica as co-lead arrangers which may be increase up to $150 million. The funds are earmarked for several purposes including financing the development and production of current and upcoming projects under the OddLot Entertainment production banner. OddLot’s Co-President Bill Lischak led the deal on behalf of the company, along with Natalya Petrosova, who today was elevated to the role of Executive Vice President of Finance of the company where she has been employed for eight years, and Aaron Michiel, OddLot’s EVP of business and legal affairs. (more…)

This article was printed from https://deadline.com/2014/02/oddlot-50-million-credit-facility-686551/