Open Road Films and its lenders have agreed to extend the company’s $100m revolving credit facility for an additional five years through 2018.

All members of Open Road’s original lender group – Bank Of America, Union Bank, OneWest Bank and Wells Fargo – renewed their commitments. 

Bank Of America is the administrative agent and acted as the co-arranger of the facility with Union Bank. 

Open Road, led by Tom Ortenberg [pictured], said that since its inception in 2011 it has generated more than $280m at the US box-office.

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