Search results
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.
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.
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”)...
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.
STX Group has established an independent Special Purpose Vehicle (SPV) offering companies the necessary working capital funding for their environmental certificates. The new service provides STX Group’s customers and counterparties with financial flexibility to manage the energy transition.
Aug 5, 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, 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.
