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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.
- Najafi Companies entered into a definitive agreement to ...
Najafi Companies entered into a definitive agreement to...
- Najafi Companies entered into a definitive agreement to ...
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”)...
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...
The Company offers financing, production, marketing, and distribution of film, television, digital video, music, and live entertainment content. STX Financing serves customers worldwide.
In December 2021, amid financial shortcomings following the merger, Jahm Najafi 's Najafi Companies announced that it had reached an agreement to acquire STX Entertainment from ErosSTX for $173 million. [18] .
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.
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Aug 5, 2021 · 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...