BondIt Media Capital closed a new credit facility of $60 million, with the option to increase to $100 million, from Keystone National Group, a private credit fund and investment advisory firm, according to a LinkedIn post from Luke Taylor, co-founder and chief operating officer of BondIt Media.
“This collaboration will enable us to unlock growth opportunities in the evolving landscape of film, television and media that is going through unprecedented change,” Matthew Helderman, CEO of BondIt Media Capital, said.
According to a Variety article about the deal, this new facility refinances an existing BondIt Media Capital credit facility, which “has been a key factor in BondIt’s growth over the last six years.”
