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Wild Bunch AG 10.06.2020

Wild Bunch and Commerzbank set up credit line of 35 million euros

 

Berlin and Paris, (10 June 2020) - The European media group Wild Bunch AG, based in Berlin and Paris, and Commerzbank AG agree on a loan financing of up to 35 million euros due October 2022. The loan is an important part of the financial strategy of the European filmed entertainment group and will be used to refinance an existing bank loan and to reinforce the group’s capacity to deploy strategic measures.

 

Vincent Grimond, President of Wild Bunch AG, states: “This loan is the result of the remarkable cooperation with the film specialists of the Commerzbank media team. We are delighted with the confidence shown in us by Commerzbank as one of the largest film and media financiers in Europe - a financial partner of choice for the future“.

 

About Wild Bunch (www.wildbunch.eu)

 

Wild Bunch is the renowned independent European film distribution and production services company, listed on the German Stock Market, active in the acquisition, co-production, direct distribution and international sales of movies and TV series. The company manages a library of more than 2,500 titles and has developed a pan-European distribution network in Germany, France, Italy, Spain and Austria.

 

Contact:

Wild Bunch AG

Investor Relations

Phone +49 (30) 88091 700

Email: investorrelations@wildbunch.eu

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