Lionsgate Entertainment Completes US$800M Refinancing

Lionsgate Entertainment Corp. (NYSE: LGF) closed its new five-year US$800 million revolving credit facility with JPMorganChase Bank and a syndicate of banks, in one of the largest revolving credit facilities raised by an entertainment company in more than a decade. The new facility replaces Lionsgate's previous $340 million revolving credit facility.

JPMorgan Chase Bank, N.A. served as Administrative Agent with JP Morgan Securities LLC, Barclays Bank Plc, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Royal Bank of Canada acting as Co-Syndication Agents, Joint Bookrunners and Joint Lead Arrangers, Wells Fargo Bank serving as Co-Syndication Agent, and SunTrust Bank and Union Bank acting as Co-Documentation Agents.

Lionsgate was represented by its internal legal team (Wayne Levin, David Friedman, Jim Gladstone and Adrian Kuzycz) and by O'Melveny & Myers LLP (Patrick Lawler & Sheri Linzell) as well as by Drinker Biddle & Reath LLP (Judith Reich and Ian Goldstein) and Chaffe McCall L.L.P. (Mandy Mendoza Gagliardi & Philip Sims). Lionsgate was represented on Canadian matters by Heenan Blaikie LLP with a team led by Jim Russell and including Allen Garson, Joel Cabelli, Ed Wooldridge, Eva Schmieg, Jodie Sourlis, Michael Shedletsky, Jayme Alter and Louis-Philippe.

JPMC was represented in the US by Morgan Lewis & Bockius LLP (Richard Petretti, Andrew Costello & Sharmila Achari) and in Canada by Fraser Milner Casgrain LLP (Barbara Farina, Maria Pavelis, Heidi Clark, Jennifer Dezell, Jill Macgillivray and Colin Yeo).