Vancouver: On Oct. 3, Lions Gate Entertainment of Vancouver closed a $200-million credit facility with a syndicate of global financial institutions led by Chase Securities, Dresdner Kleinwort Benson and National Bank of Canada. The new financing vehicle was announced at the same time as Lions Gate shareholders approved the Trimark merger.

‘This financing substantially increases the capital available to continue our financial and strategic growth initiatives, expand our filmed entertainment production and distribution capabilities and opportunistically identify selective new acquisitions in the future,’ says ceo Jon Feltheimer. *

-www.lionsgate-ent.com