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Prospect News home > News index > List of issuers M > Headlines for MGM Studios > News item
Published on 2/27/2007 in the Prospect News Bank Loan Daily.

MGM Studios to launch $1.1 billion term loan Thursday

By Sara Rosenberg

New York, Feb. 27 - MGM Studios is scheduled to hold a conference call on Thursday to launch a proposed $1.1 billion term loan, according to market sources.

JPMorgan is the lead bank on the deal.

Proceeds from the loan will be used to repay existing debt.

MGM Studios is a Los Angeles-based motion picture, television, home video and theatrical production and distribution company.


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