MGM’s $400 Million Second Lien Term Loan Facility


Simpson Thacher represented JPMorgan Chase Bank, N.A., as administrative agent, in connection with Metro-Goldwyn-Mayer Inc.’s (MGM) $400 million second lien term loan facility.

The credit facility closed on July 3, 2018.

MGM is one of the most storied producers of motion pictures and television programming in the world with major box office franchises and platform defining hits for television, including the Rocky and James Bond franchises.

The Simpson Thacher team included Jennifer Levitt (Picture), Jacob Agi, Kate Bai and Rex Hupy (Banking and Credit); Marcela Robledo (Intellectual Property); and Jon Pall (Collateral).

Involved fees earner: Jennifer Levitt – Simpson Thacher & Bartlett; Jacob Agi – Simpson Thacher & Bartlett; Kate Bai – Simpson Thacher & Bartlett; Rex Hupy – Simpson Thacher & Bartlett; Jonathan Pall – Simpson Thacher & Bartlett; Marcela Robledo – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: JPMorgan Chase & Co.;

Author: Ambrogio Visconti