Entertainment One prices £70m senior note offering
Source - SMW
Entertainment One said it had priced a £70m senior note offering via a tap of its existing £285m senior secured notes due December 2022.
The issuance price of the additional notes was 105.75%, with an implied yield to worst of 3.9%.
The net proceeds from the issuance would be used to part fund the cash consideration for the acquisition of the remaining 49% minority of Deluxe Pictures.
At 2:01pm: (LON:ETO) Entertainment One Group share price was -9.1p at 290.9p