Pursuits

David Ellison's Skydance Said in Talks for $500 Million in Debt

  • `Terminator,' `Mission Impossible' maker also raising equity
  • Financing deal will replace existing $250 million credit line

Terminator Genisys

Source: Paramount Pictures
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David Ellison’s Skydance Productions, a co-producer of “Terminator” and “Mission Impossible” films, is in talks to raise a new credit line of around $500 million, and additional equity, according to people with knowledge of the discussions.

The production company, founded and led by the son of Oracle Corp. co-founder Larry Ellison, is seeking to about double an existing $250 million revolving credit facility, said the people, who asked not to be named because the talks are private. The financing would come alongside new cash from existing shareholders that the company will use to fund growth, said the people, who declined to specify the amount of new equity.