Lions Gate expands IP-backed credit facility to $850M via two amendments

STARZ ENTERTAINMENT CORP /CN/

Facility started at $455M on Sept 30, 2024, increased to $720M on Nov 5, then to $850M on Dec 9.
Secured by intellectual property rights in library titles; matures Sept 30, 2029.
Quarterly principal payments of 2.5% begin Feb 14, 2025; interest at Term SOFR + 2.25%.
Proceeds used to repay existing debt and for general corporate purposes.

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