Indian producer and distributor Eros International has secured a $100m five-year credit facility from Citigroup Global Markets, to support the company's strategy of ramping up acquisitions.

Eros International chairman and CEO, Kishore Lulla, said: 'This facility will increase Eros' firepower to create significant value for our shareholders and partners through the acquisition and production of Indian entertainment content.'

Eros recently announced a series of major content acquisitions, including global rights to two films from T-Series - Ram Gopal Varma's Darling and Bhool Bhulaiyaa, directed by Priyadarshan. Darling will be released on Sep 7 while Bhool Bhulaiyaa is scheduled to open on Oct 12.

The company also has global rights to children's film Nanhe Jaisalmer, featuring Bobby Deol and Dwij Yadav, which is scheduled for release Sep 14. The film is the second to be released as part of a five-year output deal with K Sera Sera, announced in September 2006.

Also on the company's slate are God Tussi Great Ho, starring Salman Khan, Priyanka Chopra, Amitabh Bachchan and Sohail Khan, and Afzal Khan's Mehbooba, starring Sanjay Dutt, Ajay Devgan and Manisha Koirala. Both are expected to open before the end of the year.

The company also recently signed a co-production deal with Indian production house White Feather Films.

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