Daily News: October 24, 2014

J.P. Morgan Agents EuropaCorp Facilities

EuropaCorp announced the closing of its $400 million credit line, a $50 million second lien credit facility and a $150 million accordion, with a term of five years. The existing revolving credit facilities of EuropaCorp denominated in euros and amounting to a maximum of $160 million have been fully repaid.

The credit facility was arranged by J.P. Morgan as administrative agent and lead bookrunner, SunTrust Bank and OneWest Bank as joint bookrunners and co-lead arrangers. The senior credit was undertaken by a number of major banks, including French Banks, in particular Natixis.

EuropaCorp was advised by Jeantet (Arnaud de Senilhes) and Hogan Lovells (Sheri Jeffrey), J.P. Morgan by Morgan Lewis (Richard Pettreti).

The facility will be used mainly to finance EuropaCorp’s slate of English
language movies, as well as to fund marketing and distribution costs related to these new productions that will be distributed in the U.S through the joint venture Relativity EuropaCorp Distribution.

EuropaCorp is among the top-tier of European film studios.