Nancy Tartaglione International Box Office Editor/Senior ContributorEuropean film, TV and media group Wild Bunch AG and Frankfurt-based financial institution Commerzbank have agreed a loan financing of up to 35M euros ($40M).
Wild Bunch, which is headquartered in Paris and Berlin, will use the credit line to refinance an existing bank loan and “to reinforce the group’s capacity to deploy strategic measures,” the company said today.
The loan comes due in October 2022.Vincent Grimond, President of Wild Bunch AG, said, “This loan is the result of the remarkable cooperation with the film specialists of the Commerzbank media team.
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