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Skydance Media Closes $1B Credit Facility Led By J.P. Morgan

David Ellison Top Gun Entertainment film 2020 track sports google Enterprise

11.07.2023 - 17:17

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deadline.com

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Skydance Media has closed a new five-year, $1 billion credit facility led by J.P. Morgan, doubling the amount of a prior credit arrangement led by the financial institution.

David Ellison’s co-finance and production house is poised for a high point Wednesday with the global release of Mission: Impossible – Dead Reckoning Part One, which is on track for franchise-record box office.

The new credit facility extends the company’s long-term relationship with J.P. Morgan. It replaces a four-year, $500 million revolving credit facility established in 2020.

In announcing the new facility, Skydance also noted a recent $400 million investment round valuing the company at more than $4 billion.

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