Village Roadshow Cinema Unit Hires ANZ for A$100 Million Loan

Village Cinemas Australia Pty, owned by Village Roadshow Ltd. (VRL), hired Australia & New Zealand Banking Group Ltd. (ANZ) to arrange a A$100 million three-year loan, according to an e-mailed media release from the bank.

Proceeds from the facility will be used to refinance debt and for general corporate purposes. ANZ is marketing the facility to other lenders in syndication and the loan will comprise a A$60 million term facility and a A$40 million revolving facility, according to the release.

To contact the editor responsible for this story: Katrina Nicholas at knicholas2@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.