16 Sep R&R Structures $150 Mln Film Securitization for Tunisian Co.
Posted at 14:44h in Film Fundamentals
Tunisian asset manager Finaud Capital Management is preparing a $150 million film securitization. The Maghreb Media Buyout Bridge Fund aims to give independent filmmakers more access to funding, minimize investor risk and encourage film production in the Maghreb region, which includes Tunisia, Algeria, Morocco, Libya and Mauritania. “This transaction will change how independent films are financed and encourage Middle Eastern directors to make more relevant films,” said Sylvain Raynes, principal at New York-based R&R Consulting, which is structuring the deal.
Total Securitization, September 15, 2008