BEIJING, Jan. 25, 2016 /PRNewswire/ -- Bona Film Group
Limited ("Bona" or the "Company") (NASDAQ: BONA), a leading film
distributor and vertically integrated film company in China, today announced that on January 22, 2016, the Company entered into a
US$100 million term loan facility
agreement with an unrelated third party, Plum Blossom Investment
Holding Limited, an affiliate of China Huarong International
Holdings Limited. The facility is available for utilization within
15 business days from and including the date of the agreement. The
loan may be used for activities including general working capital
or other general corporate purposes. The loan is repayable on the
second anniversary of the utilization date and is guaranteed by
certain of Bona's subsidiaries. Interest is payable on the
loan.
About Bona Film Group Limited
Bona Film Group Limited (NASDAQ: BONA) is a leading film
distributor in China, with an
integrated business model encompassing film distribution, film
production, film exhibition and talent representation. Bona
distributes films to Greater
China, Korea, Southeast
Asia, the United States and
Europe, invests and produces
movies in a variety of genres, owns and operates thirty movie
theaters and manages a range of talented and popular Chinese
artists.
For more information about Bona, please visit
http://www.bonafilm.cn.
To be added to Bona's email list to receive Company news, please
send your request to bona@tpg-ir.com.
Safe Harbor and Informational Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, and as defined in the U.S. Private Securities Litigation
Reform Act of 1995. These forward-looking statements can be
identified by terminology such as "if," "will," "expect," and
similar statements. Forward-looking statements involve inherent
risks, uncertainties and assumptions. Further information regarding
these and other risks is included in the Company's filings with the
U.S. Securities and Exchange Commission. These forward-looking
statements reflect the Company's expectations as of the date of
this press release. You should not rely upon these forward-looking
statements as predictions of future events. The Company does not
undertake any obligation to update any forward-looking statement,
except as required under applicable law.
For more information, please contact:
In
China:
|
In the
U.S.:
|
Peng Li
|
The Piacente Group,
Inc.
|
Bona Film Group
Limited
|
Investor
Relations
|
Tel:
+86-10-5631-0700-398
|
Don
Markley
|
Email: ir@bonafilm.cn
|
Tel: (212)
481-2050
|
|
Email: bona@tpg-ir.com
|
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SOURCE Bona Film Group Limited