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Credit slump hits $1bn studio slate plan, says report

Goldman Sachs and Deutsche Bank have pulled out of a commitment to underwrite a $1bn MGM slate deal in the wake of a credit crunch in global markets, according to The Financial Times.The planned deal aims to attract private equity, hedge fund and institutional investors to back MGM productions and co-productions.But the recent credit slump in global markets has led the financiers to reconsider ...

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