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Overseas completes $47m in new financing

Overseas FilmGroup has closed on the $17m equity investment by Rosemary Street Productions, the investment vehicle of New York-based commercial production and studio facilities company EUE Screen Gems Ltd. Overseas has also finalised a new five year, secured revolving credit facility with Chase Securities which has been increased from $30m to $40m.Rosemary Street now holds 59.5% of the outstanding voting shares of Overseas; Rosemary Street president Christopher Cooney is now ...

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