Tuesday, July 25, 2017
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Banijay Raises $416 Million to Purchase Survivor Creator Castaway


Banijay Group has raised €365 million ($416 million) and plans to use some of the capital to finance the acquisition of Castaway Television Productions, the creator and rights owner of the hit format Survivor.

Banijay Group completed its issuance of €365 million in aggregate principal amount of 4 percent senior secured notes for a duration of five years. While part of the money will go toward the Castaway purchase, some will also be used to refinance its existing debt that resulted from its merger with Zodiak.

About Kristin Brzoznowski

Kristin Brzoznowski is the executive editor of World Screen. She can be reached at kbrzoznowski@worldscreen.com.



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