✉news BusinessFinance first seen 11 h ago, last 44 min ago, peak #4
Encina Commercial Finance Provides $125 Million Facility to National CineMedia
Original: Encina Commercial Finance Provides $125MM First-Out Financing Supporting National CineMedia
Encina Commercial Finance has provided $125 million in first-out financing to support National CineMedia, the cinema advertising network company. The deal gives National CineMedia fresh capital with Encina holding a first-out priority position in the credit. Coverage so far is limited to the financing announcement, with no further details yet on the terms, purpose of the funds, or how the company plans to deploy the capital.
Why now: A sizable new credit facility for a major cinema advertising company is notable amid ongoing scrutiny of the movie exhibition sector's finances.
Encina Commercial FinanceNational CineMedia
Evidence
- Encina Commercial Finance Provides $125MM First-Out Financing Supporting National CineMedia · ABF Journal
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