Millennium sets line of credit

Pacific Mercantile funds line for acquisitions, P&A

Millennium Entertainment has closed a revolving line of credit funded by Pacific Mercantile Bank and will use the funds for future acquisitions and P&A.

“This deal with Pacific Mercantile will truly allow us to take the company to the next level,” said Millenium CEO Bill Lee. “We look forward to bolstering our operations as we continue to grow as a company supported by this new line of credit.”

The deal was negotiated on behalf of Millennium Entertainment by Piero G. Broccardo, SVP Finance and for Pacific Mercantile Bank by Art Stribley, EVP Entertainment Industries Division and Sandy McKerroll, VP Entertainment Industries Division.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Film News from Variety

Loading