PRG Completes Restructuring, Refinancing

Production Resource Group, the entertainment technology mega-company that includes Entolo, Fourth Phase Lighting, and ProMix among its holdings, has completed a major refinancing deal. As of February 21, a press release announced, PRG has “closed two new credit facilities in an aggregate amount of $125 million with GMAC Business Credit LLC as agent. GMAC Business Credit is a member of the GMAC commercial finance group, a multibillion-dollar asset-based lending source owned by GMAC. GMAC is a

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