New Regency, the independent production company, has secured a $175 million term loan from global investment firm Carlyle Group. This funding will enable New Regency to expand its production capabilities and continue its growth in the industry. The loan is a refinancing and upsize of an existing facility provided by Carlyle.
“We’re thrilled to have Carlyle’s ongoing support as we strategically grow our company. With their expertise in the entertainment industry, they are a valuable partner in our evolution,” said Yariv Milchan, CEO of New Regency.
J.P. Morgan remains the lead arranger, sole bookrunner, and administrative agent for New Regency’s combined $675 million facilities.
New Regency boasts an impressive library of films, including “The Revenant,” “12 Years A Slave,” “Birdman,” “Bohemian Rhapsody,” “Fight Club,” “L.A. Confidential,” “Heat,” “Man on Fire,” and “Mr. and Mrs. Smith.”
Recent film titles from New Regency include “The Creator,” directed by Gareth Edwards and starring John David Washington, Gemma Chan, Ken Watanabe, and Allison Janney; “Barbarian,” directed by Zach Cregger; and “Deep Water,” directed by Adrian Lyne and starring Ben Affleck and Ana de Armas. New Regency is also involved in television series, such as Apple TV+’s “The Crowded Room” with Tom Holland and Amanda Seyfried, and the upcoming adaptation of “Mr. And Mrs. Smith” for Amazon, starring Donald Glover and Maya Erskine.
In addition to its film and television projects, New Regency has entered the documentary space with “Occupied City” and co-financed Alex Gibney’s “Musk” documentary.
Carlyle Group, with $150 billion of assets under management, has been actively investing in the sports, media, and entertainment industry since 2018. Benjamin Fund, Managing Director at Carlyle, stated, “With the increasing demand for high-quality content across various distribution platforms, we are pleased to provide capital to support New Regency’s impressive slate of new releases and their critically acclaimed catalog.”
The partnership between New Regency and Carlyle Group highlights the continued growth and investment in the entertainment industry, as well as the importance of quality content in meeting the demands of audiences worldwide.
