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FilmYard to get $408 million term loan led by Barclays and Jefferies
By Sara Rosenberg
New York, Nov. 16 - FilmYard Holdings LLC is expected to come to market with a $408 million seven-year senior secured term loan (Ba3), according to sources, who said that firm timing is not yet available.
Barclays and Jefferies are the lead banks on the deal, with Barclays the left lead.
Proceeds will be used to help fund the acquisition of Miramax Films by Ron Tutor, Tom Barrack, Colony Capital LLC and other individuals from Walt Disney Co.
FilmYard is a New York-based film company.
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