Celebs in News
Jennifer Lopez
Jennifer Lynn Lopez (born July 24, 1969), also known by her nickname J.Lo, is an American actress, singer, dancer, fashion designer, producer and businesswoman. In 1991, Lopez began appearing as a Fly Girl dancer on In Living Color, where she remained a regular until she decided to pursue an acting career in 1993. For her first leading role in the 1997 Selena biopic of the same name, Lopez received a Golden Globe nomination and became the first Latin actress to earn over US$1 million for a film. She went on to star in Anaconda (1997) and Out of Sight (1998), later establishing herself as the highest-paid Latin actress in Hollywood.
Related Rumors
Covid-19 pandemic

Lionsgate to Raise $1 Billion in New Debt

Reading now: 512
hollywoodreporter.com

Lionsgate is set to raise $1 billion via a bond sale, saying it will use the proceeds to repay outstanding debt. In an SEC filing on Tuesday, the studio said a subsidiary, Lions Gate Capital Holdings LLC, will offer up to $1 billion in new senior notes via a private placement.

The subsidiary intends to use the proceeds of the bond sale to redeem near-term debt and specifically 6.375 percent senior notes due 2024 and 5.875 percent senior notes due 2024.

Lionsgate's latest debt raise comes as the studio looks to grow the worldwide reach of Starz, its premium cable channel now driving into the streaming space via the acquisition and production of original content.

Read more on hollywoodreporter.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA