Los Angeles Business Journal

Lions Gate Plans to Refinance Debt

Friday, July 13, 2012

Lions Gate Entertainment Corp. reportedly plans to replace its current $360 million revolving credit line with a significantly larger one of up to $750 million. The Hollywood Reporter calls the planned refinance one of Hollywood’ largest ever and is part of the Santa Monica film company’s strategy to lower debt costs and deleverage in the wake of its $412 million acquisition of Summit Entertainment.