UK:
Milbank Advises Entertainment One On £425M Notes Offering
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Milbank LLP advised Entertainment One Ltd. in connection with
the offering of £425 million aggregate principal amount of
4.625% Senior Secured Notes due 2026 (the "Notes").
The proceeds of the offering of the Notes were used to refinance
the company's existing 6.875% Senior Secured Notes due 2022,
repay its outstanding term loan and pay fees and expenses in
connection with the transaction.
Entertainment One Ltd. (LSE:ETO) is a global independent studio
that specializes in the development, acquisition, production,
financing, distribution and sales of entertainment content. The
company's diversified expertise spans across film, television
and music production and sales; family programming, merchandising
and licensing; digital content; and live entertainment.
The Milbank team was led by European Leveraged Finance/Capital
Markets partner Tim Peterson, with special counsel Trevor Truman
and associates Lauren Obee, Serguei Chevtchenko and Tom Neilson.
The team also included New York Leveraged Finance partner Michael
Bellucci and associate Yoon Hyun Cho.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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