TSG Entertainment Finance LLC, a film finance entity working with Twentieth Century Fox to finance primarily live action films, received $235m investment from Bona Film Group Limited (NASDAQ: BONA), a film distributor and vertically integrated film company in China.
The investment is structured primarily with the Bona Film Fund and a credit facility arranged by East West Bank. It allows Bona to participate in the on-going slate financing arrangement that TSG has with Twentieth Century Fox, which will continue to distribute the films worldwide.
TSG Entertainment Finance has supported such films as Dawn of the Planet of the Apes, X-Men Days of Future Past, and the recently released Ridley Scott film, The Martian.
Bona Film Group is a film distributor in China, with an integrated business model combining film distribution, film production, film exhibition and talent representation. Bona distributes films to Greater China, Korea, Southeast Asia, the United States and Europe, invests and produces movies in a variety of genres, owns and operates thirty movie theaters and manages a range of Chinese artists.
FinSMEs
09/11/2015