Miramax has secured a $25 million credit facility and $250 million securitization, which it plans to use to pay down debt and to support its television and film ventures.

The company used its 700-film library to secure the notes. It’s been three years since the company’s last securitization in 2011, which it undertook in order to refinance its debt.

The latest notes are due in 2026.

“We appreciate that the market recognizes Miramax’s quality of content, combined with the consistency, length, diversity and credit quality of contractual income streams, and we look forward to putting these additional funds to work as we grow new production in line with the powerful Miramax brand,” said Miramax chairman Thomas J. Barrack in a statement.

Miramax was purchased from the Walt Disney Co. in 2010 for $660 million by a consortium of investors that included billionaire Ron Tutor and Colony Capital. Since that time, its new ownership has secured distribution pacts for a library of films that includes “Pulp Fiction” and “Shakespeare in Love” with the likes of Amazon and Netflix.

In 2013, it inked a development deal with the Weinstein Co. to create and produce sequels and television shows based on films from its library such as “Gangs of New York” and “From Dusk Till Dawn.”

A company spokesman said the funds could be used to help with production and development efforts and would help pay down older and more expensive debt. However, the credit line is not being tapped yet.

The securitization transaction included the issuance of $250 million aggregate principal amount of 3.34% notes due 2026, as well as a $25 million revolving credit facility, which was undrawn at closing.

The notes and revolving credit facility are rated BBB+ by Standard & Poor’s and BBB (high) by DBRS. Barclays advised on the transaction, served as the bookrunner for the securitization and was the lender on the credit facility.