Business Services Industry
Revamp delivers Village funding.
Australasian Business Intelligence, February, 2003
Feb 12, 2003 (The Courier-Mail - ABIX via COMTEX)
Melbourne-based entertainment giant Village Roadshow has restructured its film production fund. Under a deal negotiated with banks, its $US750m ($A1.27bn) off-balance sheet finance facility will be restructured into a new $US1bn, three-year revolving fund. Village's managing director, Graham Burke, says that the new financing arrangements will give Village Roadshow Pictures more flexibility and a more robust foundation moving forward.
Publication Date: 13 February 2003
VILLAGE ROADSHOW LIMITED - ASX VRL: VILLAGE ROADSHOW PICTURES PTY LTD All copyright subsisting under the Copyright Act 1968 (Commonwealth) resides in us.
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