German Film and TV Company Leonine Secures Financing Totaling $222 Million

German Film and TV Company Leonine Secures Financing Totaling $222 Million
German film and TV company Leonine Group, which was formed through the merger of Tele München Gruppe, Universum Film, i&u TV, Wiedemann & Berg Film and W&b Television, has rearranged its long-term group financing.

The financing includes long-term loans and revolving credit lines totaling Euros 189 million ($222 million), which also cover the company’s film production financing, with the exception of the publicly listed Odeon Film Ag, which also belongs to the Leonine Group. Euros 33 million ($38.8 million) in production financing has been made available to Odeon Film.

“Rearranging our previous financing structures with a long-term focus was another important milestone in our integration process,
See full article at Variety - TV News »

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