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Published on 2/9/2009 in the Prospect News High Yield Daily.

Lions Gate buys back $9 million of its 3 5/8% notes

By Devika Patel

Knoxville, Tenn., Feb. 9 - Lions Gate Entertainment Corp. repurchased $9 million of its 3 5/8% notes for $5.3 million plus $100,000 in interest, according to a 10-Q filed Monday with the Securities and Exchange Commission.

The repurchase resulted in a gain of $3.5 million.

Lions Gate is a Santa Monica, Calif., entertainment studio.


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