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Co-financing |
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Co-financing A type of financing in which the different lenders agree to fund under the same documentation and security packages but may have different interest rates, repayment profiles, and terms. |
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? Mentioned in | ? References in periodicals archive | |
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The co-financing deal has been put together over the past year by Thomas Tull, a former venture capitalist and dot-com executive from Atlanta who managed to convince several large funds that the economic returns of the $50 billion movie industry remain compelling. The package includes a US$ 50 million Tranche A IFC facility and US$ 25 million Tranche B co-financing facility, for which Nordea Bank is the lead arranger. Disney is co-financing the film with Walden Media, which limits the company's financial exposure as well as its potential profits. |
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Co-financing
