Legendary is in talks to raise $700 million Debt Finance

(Photo Courtersy of: http://variety.com)
Legendary has a $600 million credit facility from JPMorgan Chase and Bank of America which expires in 2016 and is seeking to replace that credit line. According to Bloomberg News, they are in discussion with the two financial institutions. The replacement funding could expand up to $700 million.
http://variety.com/2015/biz/finance/legendary-in-talks-to-raise-700-million-debt-finance-1201465912/