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Media Rights Capital scores $350m revolving credit facility

Media Rights Capital (MRC) co-CEOs Asif Satchu and Modi Wiczyk announced today [September 22] a three-year $350m revolving credit facility for the company's feature, television and digital content business.The arrangement, which comes in the midst of one of the most severe systemic collapses in US financial history, was provided by leading entertainment lenders led by JPMorgan Chase and Comerica.The first closing was $295m last week with up to a year to close the ...

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