All3Media launches €500 million term loan B to investors

By Sara Rosenberg

New York, April 3 – All3Media (Gold Rush Bidco Ltd.) held a lender call at 9 a.m. ET on Wednesday to launch a €500 million (£430 million equivalent) seven-year euro term loan B, according to a market source.

Small group meetings for the term loan are available on Thursday and Friday.

JPMorgan Chase Bank is the sole physical bookrunner and the administrative agent on the deal. Santander is a joint bookrunner.

Commitments are due at noon ET on April 15, the source added.

Proceeds will be used to help fund the acquisition of the company by RedBird IMI, a joint venture between RedBird Capital Partners and International Media Investments, from Warner Bros. Discovery Inc. and Liberty Global Ltd. for £1.15 billion.

All3Media is a London-based television production and distribution company.

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