Milbank LLP advised Entertainment One Ltd. in connection with the offering of £425 million aggregate principal amount of 4.625% Senior Secured Notes due 2026 (the “Notes”).
The proceeds of the offering of the Notes were used to refinance the company’s existing 6.875% Senior Secured Notes due 2022, repay its outstanding term loan and pay fees and expenses in connection with the transaction.
Entertainment One Ltd. (LSE:ETO) is a global independent studio that specializes in the development, acquisition, production, financing, distribution and sales of entertainment content. The company’s diversified expertise spans across film, television and music production and sales; family programming, merchandising and licensing; digital content; and live entertainment.
The Milbank team was led by European Leveraged Finance/Capital Markets partner Tim Peterson (Picture), with special counsel Trevor Truman and associates Lauren Obee, Serguei Chevtchenko and Tom Neilson. The team also included New York Leveraged Finance partner Michael Bellucci and associate Yoon Hyun Cho.
Involved fees earner: Michael Bellucci – Milbank; Serguei Chevtchenko – Milbank; Yoon Hyun Cho – Milbank; Tom Neilson – Milbank; Lauren Obee – Milbank; Timothy Peterson – Milbank; Trevor Truman – Milbank;
Law Firms: Milbank;
Clients: Entertainment One;