StormHarbour Supports Pioneering Slate Financing
Wednesday, October 12, 2011
StormHarbour announces that it has successfully raised financing from institutional investors as part of a pioneering slate financing between Anton Capital Entertainment and STUDIOCANAL, the pan-European film, production and sales distribution arm of French media group, Canal+.
Anton Capital, the media-focused merchant banking boutique which advises Anton Capital Entertainment, mandated StormHarbour to place the equity and junior debt tranche and its success in doing so underscores the strength of the firm’s global distribution capability among institutional investors.
The €150m ($204m) slate financing will enable Anton Capital Entertainment, a European-based media fund, and STUDIOCANAL to co-finance the international films the studio distributes over the next three years. It is the first time a European studio has been able to secure slate financing, and marks the first slate financing by any studio for several years.
To read the full announcement, please clicke here:images/pdf/StormHarbour Places Equity Tranche of Pioneering Slate Financing.pdf