July 12, 2014 5:19 PM ET

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Company Overview of Lions Gate Entertainment, Inc.

Company Overview

Lions Gate Entertainment, Inc. produces and distributes motion pictures content and television programs. The company was founded in 1976 and is based in Santa Monica, California. Lions Gate Entertainment, Inc. operates as a subsidiary of Lions Gate Entertainment Corp.

2700 Colorado Avenue

Suite 200

Santa Monica, CA 90404

United States

Founded in 1976

Phone:

310-449-9200

Fax:

310-255-3870

Key Executives for Lions Gate Entertainment, Inc.

Chief Executive Officer
Age: 62
Chief Strategic Officer and General Counsel
Age: 51
Compensation as of Fiscal Year 2014.

Lions Gate Entertainment, Inc. Key Developments

Lions Gate Entertainment Inc. Commences Consent Solicitation from Note Holders

Lions Gate Entertainment Inc. announced that on June 14 commenced a consent solicitation from holders of its outstanding $436 million 10.25% senior secured second-priority notes due 2016 to amend the indenture governing the 2016 notes. The proposed amendments would enable the company to issue new notes that would be secured on an equal and ratable basis with the 2016 notes in an amount of up to $400 million, according to a Form 8-K filed June 14. Subject to receipt of the required consents in the consent solicitation, the company is considering a private offering of up to $400 million of the new notes. The company expects to use the net proceeds from the new note offering to repay a portion of the outstanding borrowings under its $800 million senior revolving credit facility and for other general corporate purposes. Further, the proposed amendments and the new note offering will provide Lions Gate Entertainment Inc. with additional flexibility in its plan to call the 2016 notes, which are redeemable at 105.125% of the principal amount thereof. Lions Gate Entertainment Inc. intends to redeem the 2016 notes on or about November 1. In the consent solicitation, Lions Gate Entertainment Inc. is offering to pay $2 in cash per $1,000 principal amount of the 2016 notes to each note holder.

Lions Gate Entertainment, Inc. Amends the Indenture Governing LGEI's 10.25% Senior Secured Second-Priority Notes Due 2016

Lions Gate Entertainment, Inc. entered into a supplemental indenture dated as of October 15, 2012 to amend the indenture governing LGEI's 10.25% senior secured second-priority notes due 2016. The Supplemental Indenture amends the Indenture to, among other things, enable LGEI to incur additional secured indebtedness under that certain Third Amended and Restated Credit, Security, Guaranty and Pledge Agreement, dated as of September 27, 2012, by and among LGEI, as borrower, the guarantors referred to therein and JPMorgan Chase Bank, N.A., as administrative agent and issuing bank, in an aggregate principal amount not to exceed $650 million (an increase from the $340 million limit previously specified in the Indenture. The consent solicitation expired at 5 p.m., New York City time on October 12, 2012.

Lions Gate Entertainment, Inc. Commences Consent Solicitation for $436.0 Million of Its 10.25% Senior Secured Second-Priority Notes Due 2016

Lions Gate Entertainment, Inc. on Oct. 5 commenced a consent solicitation for $436.0 million of its 10.25% senior secured second-priority notes due 2016 outstanding to effect certain proposed amendments to the indenture governing the notes.

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