Entravision has entered into a new $405 million credit facility provided by longtime lender GE Capital, according to a statement released Monday.
GE Capital’s telecom, media and technology financing business was the sole bookrunner on the transaction, according to a statement. The new credit facility replaces a $30 million revolving credit facility and $20 million term loan facility that had also been provided by GE, a spokesperson told Private Debt Investor.
