New Regency Closes $175 Million Loan From Carlyle, Refinancing And Upsizing Existing Facility
deadline.comNew Regency said today it’s closed a $175 million term loan from global investment firm Carlyle Group, providing new capital for the indie to scale up production.
The loan is a refinancing and upsize of an existing Carlyle facility. In 2020, the producerset a new five-and-a-half year, $125-million term loan from Carlyle, along with a pair of financing deals with banks for up to $825 million. “We’re delighted to have Carlyle’s continued support in the ongoing strategic growth of our company.
Given their knowledge and expertise in the entertainment industry, they remain a key partner in our businesses evolution,” said New Regency CEO Yariv Milchan.
J.P. Morgan continues to serve as lead arranger, sole bookrunner and administrative agent to New Regency’s combined $675 million facilities.
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