New bank brings Lion more flexibility

DiOrio, Carl
July 2000
Daily Variety;07/19/2000, Vol. 268 Issue 31, p5
Trade Publication
Reports that Metro-Goldwyn-Mayer Inc. (MGM) has replaced J.P. Morgan & Co. for Banc of America Securities Inc. as lead underwriter on its $1.3 billion credit facility. Flexibility resulting from the change; Search for strategic partner with whom to launch specialty cable channels using the MGM film library; Improvement in the company's balance sheet.


Related Articles

  • LION POUNCES ON &1.75 BIL REFINANCING.  // Variety;6/17/2002, Vol. 387 Issue 5, p2 

    Reports on the refinancing completed by MGM in its dealings with J.P. Morgan Securities and Banc of America Securities as of June 2002. Components of the refinancing deal.

  • Lion marks broader loan domain. Randall, Laura // Hollywood Reporter -- International Edition;07/18/2000, Vol. 363 Issue 47, p105 

    Reports on the restructuring of the terms of Metro-Goldwyn-Mayer Inc.'s (MGM) credit facility in an effort to fund more films and facilitate a cable and satellite distribution deal. Terms of the amended bank loan; Bank that arranged for the credit facility.

  • After pawing options, Leo set to decide on IPO. Peers, Martin; Karon, Paul // Variety;07/28/97, Vol. 367 Issue 12, p6 

    Reports on Metro-Goldwyn-Mayer Inc.'s (MGM) plan to hold an initial public offering (IPO). Company stockholders' views regarding the proposed IPO.

  • Lion's den opens door to public. Peers, Martin // Variety;08/11/97, Vol. 368 Issue 1, p7 

    Reports on Metro-Goldwyn-Mayer Inc.'s (MGM) plan to go ahead with its planned initial public offering (IPO). Details of the company's IPO plan; Banks' call on MGM to delay its planned IPO; MGM's reasons for pushing an early IPO date.

  • Polygram takes hit on report of MGM buyout.  // Hollywood Reporter;11/3/95, Vol. 339 Issue 35, p4 

    Reports that shares in Polygram NV fell five percent on the Amsterdam Stock Exchange. Speculations of Polygram's plan of acquiring Metro-Goldwyn-Mayer Inc. (MGM) from Credit Lyonnais SA; MGM's movie catalog as the main attraction for PolyGram.

  • MGM reportedly on block. Sperling, Nicole // Hollywood Reporter -- International Edition;1/22/2002, Vol. 371 Issue 41, p94 

    Reports the growth of the shares of Metro-Goldwyn-Mayer Inc. Response on the reports that the company is up for sale; Investment with cable channels of Rainbow Media; Creation of MGM branded channell.

  • MGM stock offering squeezes share price. DiOrio, Carl // Daily Variety;3/15/2002, Vol. 275 Issue 11, p1 

    Reports the decline of the stock price of MGM Pictures. Factors contributing to the decline; Percentage of decrease in stock price; Strategies to overcome decline in the stock price.

  • Yemenidjian buys MGM stock to tune of $2.3 mil. DiOrio, Carl // Daily Variety;08/02/2000, Vol. 268 Issue 42, p4 

    Reports the acquisition of stocks in Metro-Goldwyn-Mayer by preacher Alex Yemenidjian in Hollywood, Los Angeles, California.

  • Lion to issue 5 mil shares. DiOrio, Carl // Daily Variety;08/11/2000, Vol. 268 Issue 49, p6 

    Reports that Santa Monica, California-based Metro-Goldwyn-Mayer Inc. will sell five million new common shares to institutional investors in a move that could raise about $125 million for the company.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics