Latest in Comerica Bank

Neon has closed a revolving credit facility with Comerica Bank and said it will use the capital to "aggressively” expand its production slate. The company led by founder-CEO Tom Quinn didn't disclose the amount but said it's an expansion from the studio's previous credit facility. (In May of 2020, Ne…

Bold Films said it has renewed its agreement with Comerica Bank and the institution has allowed them a revolving line of credit and a $50M dollar debt facility that extends for three years. The deal will provide financing for the independent studio to produce four to six films a year and ramp up their TV slate. Bold…

Bron Studios, the Vancouver-based production company headed by Aaron L. Gilbert, has just announced it has secured a $50 million revolving credit line with Comerica Bank. The credit line, Bron said, will go to help it manage its burgeoning slate of productions. This is the company that was behind Jason Reitman's Tully…