TV-Loonland reveals restructuring plan

TV-Loonland has finalized its debt restructuring plan. As part of the refinancing agreement, a US$26.8 million banking debt has been reduced to US$8 million, and a minimum capital increase of US$2.6 million will be carried out.

August 16, 2007

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Gary Rusak is a freelance writer based in Toronto. He has covered the kids entertainment industry for the last decade with a special interest in licensing, retail and consumer products. You can reach him at garyrusak@gmail.com

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TV-Loonland reveals restructuring plan

TV-Loonland has finalized its debt restructuring plan. As part of the refinancing agreement, a US$26.8 million banking debt has been reduced to US$8 million, and a minimum capital increase of US$2.6 million will be carried out.

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