According to Variety, The Weinstein Company filed for bankruptcy on Monday. Union Bank will provide $25 million in DIP financing for the company.
Union Bank appointed Brian Mulvaney managing director and regional manager for Commercial Banking’s Middle Market and Business Banking activities in Orange County.
The Trade Desk entered into a $200 million, five-year senior secured credit facility. Citibank acted as lead arranger and administrative agent.
DecisionPoint Systems signed new commercial banking relationships with Union Bank combined with CapitalSource, which provided the company with a $6 million revolving line of credit.
ViaSat, a provider of in-flight internet services, increased its revolving credit facility from $500 million to $800 million. Union Bank served as administrative agent and collateral agent.
According to the Hollywood Reporter, film distribution and production company A24 has increased its credit facility to $125 million. Comerica structured the transaction with BofA, JPMorgan and SunTrust joining in the upsize.
A new film, television and digital content creation company has been launched by a group of film execs, including Steven Spielberg, principal partner, DreamWorks Studios. JPMorgan and Comerica co-lead a $500 million syndication to support the project.
Alta Mesa’s lenders completed the semi-annual redetermination of the company’s borrowing base. The facility is provided by a syndicate of ten banks agented by Wells Fargo Bank and co-agented by Union Bank.
Willis Lease Finance announced it increased its revolving credit facility to $700 million from $450 million. The syndicate of 12 banks involved in the credit facility is led by Union Bank.