Friday 29 Mar 2024
By
main news image

This article first appeared in The Edge Financial Daily, on January 11, 2016.

LOS ANGELES: David Ellison’s Skydance Productions, a co-producer of Terminator and Mission Impossible films, is in talks to raise a new credit line of around US$500 million (RM2.2 billion), and additional equity.

The production company, founded and led by the son of Oracle Corp co-founder Larry Ellison, is seeking to about double an existing US$250 million revolving credit facility, said the people. The financing would come alongside new cash from existing shareholders that the company will use to fund growth, said the people, who declined to specify the amount of new equity.

The deal is expected to close by the end of the month, one of the people said. — Bloomberg

 

      Print
      Text Size
      Share