See More Hear More Watch More Hear More Get on iTunes
Variety Variety

Relativity Ask Lenders for Extension

Relativity is asking lenders for a yearlong extension on roughly $350 million in debt that is due this Thursday. If Relativity gets an extension, founder Ryan Kavanaugh plans to use that reprieve to refinance the debt or bring in additional equity investors to repay lenders. Lenders have yet to vote on the proposal. #EntertainmentBiz


More from