Toronto-based film andtelevision production and distribution company Peace Arch Entertainment Groupis finalising a four-year $20m senior secured revolving credit facility withJPMorgan.

The funds will be used byPeace Arch to finance its recently announced acquisition of the film librariesof Castle Hill Productions and Dream, as well as other company operations.

Closing of the creditfacility is subject to satisfaction of the usual due diligence anddocumentation conditions.

Peace Arch is currentlyhandling international sales on the John Lennon assassination drama Chapter27 starring Jared Leto and Lindsay Lohan,as well as paparazzi drama Delirious starring Steve Buscemi, Alison Lohman and Michael Pit, and the psychodramaGuantanamero, which stars RupertEvans and Derek Jacobi.