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Nov 16, 2021 · On November 12, 2021, STX Financing, LLC, a wholly owned indirect subsidiary of the Company, entered into an amendment to its Senior Credit Agreement (as amended, the “Credit Agreement”) to ...
Apr 21, 2022 · Najafi Companies entered into a definitive agreement to acquire STX Financing, LLC from Eros STX Global Corporation (NYSE:ESGC) for approximately $170 million on December 6, 2021.
STX Financing has entered into an exclusive negotiation period with a third party to monetize the revenue from 46 films in its library, the proceeds of which would be used to repay both the JPM...
STX Financing LLC operates as a media company. The Company offers financing, production, marketing, and distribution of film, television, digital video, music, and live entertainment content.
Dec 6, 2021 · Najafi Companies entered into a definitive agreement to acquire STX Financing, LLC from Eros STX Global Corporation for approximately $170 million on December 6, 2021. The purchase price at Closing...
Nov 17, 2021 · On November 12, 2021, STX Financing, LLC, a wholly owned indirect subsidiary of the Company, entered into an amendment to its Senior Credit Agreement to, among other things, extend both the...
STX Financing LLC, a subsidiary of the Company, currently has $150.1 million outstanding on the JPMorgan Asset-backed Credit Facility (the “JPM Facility”) that matures on October 7, 2021 and $22.7 million outstanding on a mezzanine facility (the “STX Mezzanine Debt”) that matures on July 7, 2022.