Latest in Bank of America Merrill Lynch

Bank of America Merrill Lynch has added two veterans of the sector to its media and telecom advisory team. Sam Powers will start this fall as head of Americas Media & Telecom Investment Banking for the investment bank, which is a unit of BofA. He had been heading up a comparable group at UBS. Randy Russell has…

Jason Feuerstein has been named head of the entertainment industries group for Bank of America Merrill Lynch based in Los Angeles, succeeding Dan Timmons, who accepted a promotion at the bank. Feuerstein will lead a team focused on delivering various commercial banking, wealth management and investment banking…

Miramax has secured a multi-bank revolving credit facility of $300 million in a five-year agreement that will help ramp up the studio’s production slate. A lenders, led by Bank of America Merrill Lynch and MUFG Union Bank, will provide financing for Miramax to produce four- to six films a year and deficit finance two…

WWE Studios has closed a deal for a revolving credit facility worth $35 million with Bank of America Merrill Lynch. The cash infusion will allow WWE Studios to extend and grow a partnership base that already includes Warner Bros., Lionsgate and 20th Century Fox. The studio will become more aggressive in a long-term…

Legendary Entertainment has a $600 million credit facility with  JP Morgan Chase and Bank of America that matures next year, and could use cash to help fund its films. That’s why Thomas Tull’s studio is talking to the two financial services firms about the new $700 million loan, Bloomberg reports, citing “people…

Bank of America Merrill Lynch led the campaign to back the $150 million credit facility that director Brett Ratner and Australian mogul James Packer can tap to help fund upcoming Warner Bros. releases. With the new facility, Ratner and Packer’s RatPac Entertainment has $225 million at its disposal for the films. The…