Bredin Prat advises Technicolor Creative Studios on an agreement in principle involving a €170m new money injection

Bredin Prat is advising Technicolor Creative Studios on an agreement in principle concerning a new financing structure which includes a new money injection of around €170 million.

This refinancing, which the vast majority of its shareholders and lenders have committed to subscribe for in full, establishes a new framework for the Group’s rebound.

The agreement in principle was unanimously approved by the members of the Company’s Board of Directors and will be submitted to the Paris Commercial Court between now and the end of March for approval.

The Bredin Prat team advising Technicolor Creative Studios comprised:

• Corporate: Adrien Simon, Sébastien Prat (partners), Myriam Epelbaum (counsel), Candice Daull, Alessia Grassi and Thomas Bernard
• Capital markets: Olivier Saba (partner), Jean-Damien Boulanger (counsel)
• Financing: Karine Sultan (partner), Delphine Guillotte (counsel) and Benjamin Cartier
• Restructuring: Olivier Puech (partner), Thibault Balay, Sarah Ben Jemiaa and Ivaylo Popstoyanov
• Employment: Laetitia Tombarello (partner), Caroline Combes