Magazine article Screen International

TWC Announces $225M in Revolving Credit Facilities

Magazine article Screen International

TWC Announces $225M in Revolving Credit Facilities

Article excerpt

The company's strategic initiatives, investments and banking (SIIB) division has closed two separate deals "to act on opportunities worldwide as they become available."

A $150m domestic-focused revolving facility was closed and agented by Union Bank's Bryan LaCour, Tony Beaudoin and Alex Cho.

Wade Layton and Kevin Khanna, joint lead arrangers and joint book runners from CIT, played an integral role in this deal as did UBS Investment Bank. Union Bank will serve as collateral administrator for this facility.

An additional $75m revolving new media facility was structured and agented by UBS Investment Bank. OneWest Bank will serve as collateral administrator for this UBS Facility, led by Joe Woolf.

SIIB head Dave Hutkin was closely involved in the process alongside vp team leader Vivian Tarn and director Erin Shipley. …

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