Spotlight Capital Holdings, Inc. Announces Structured Credit Facility
December 23 2014 - 1:40PM
Business Wire
Spotlight Capital Holdings, Inc. (OTC Pink Current: SLCH)
confirms today that it has reached agreement with a major US-based
finance group to utilize that finance group’s existing credit
facility at a top-5 US bank. Spotlight Capital Holdings is now
authorized to access up to $150,000,000.00 (one hundred fifty
million) in capital under the finance group’s credit facility,
provided that the company delivers investment-grade collateral to
the finance group’s bank to secure their drawdowns.
Spotlight Capital Holdings, Inc. is further pleased to announce
that they have reached agreement with a New York-based private
equity firm, who will provide the needed collateral required by the
finance group’s bank.
Spotlight Capital Holdings is comprised of three divisions
operating in the film, music and concert promotion industries. For
further information about the company and its businesses,
contact:
Aaron C. JohnsonPresident
Andre’ L. LigonGeneral Counsel
TELEPHONE 213 337-6784EMAIL: info@spotlightholdings.com
Safe Harbor Statement
The information posted in this release may contain
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. You can identify these
statements by use of the words "may," "will," "should," "plans,"
"explores," "expects," "anticipates," "continue," "estimate,"
"project," "intend," and similar expressions. Forward-looking
statements involve risks and uncertainties that could cause actual
results to differ materially from those projected or anticipated.
These risks and uncertainties include, but are not limited to,
general economic and business conditions, effects of continued
geopolitical unrest and regional conflicts, competition, changes in
technology and methods of marketing, and various other factors
beyond the Company's control.
Spotlight Capital Holdings, Inc.Aaron C. Johnson, 213
337-6784PresidentorAndre’ L. Ligon, 213 337-6784General
Counselinfo@spotlightholdings.com
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