DBRS Rates Domain Media LLC Senior Secured Delayed Draw Notes
OtherDBRS has today assigned a rating of BBB (sf) to the $50 million Domain Media LLC Series A Senior Secured Delayed Draw Notes and Series B Senior Secured Delayed Draw Notes (the Notes). The Notes will partially fund the production of made-for-TV films produced by affiliates of Larry Levinson Productions, Inc. (LLP) over a five-year funding period. LLP is a producer of mainstream U.S. made-for-TV movies and miniseries that have aired on Free TV networks such as ABC, NBC, CBS, TNT, Lifetime and The Hallmark Channel.
The Notes are secured by domestic and international distribution rights in the Pay TV, Free TV and Home Video markets. The Notes have a ten-year legal final maturity.
Notes:
All figures are in U.S. dollars unless otherwise noted.
The applicable methodology is Rating Global Film Rights Securitizations, which can be found on our website under Methodologies.
This rating is endorsed by DBRS Ratings Limited for use in the European Union.