News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Pinewood raises fresh debt as shares climb

Pinewood Shepperton, the UK film studio company behind the James Bond and Harry Potter films, is to raise enough working capital for its first five years as a public company through a £60m (€89m) loan from Royal Bank of Scotland, Lloyds TSB and Allied Irish Banks.

The funding follows a 11% rise in Pinewood's shares when trading started on Friday. Issued at 180p, the shares were trading at 200p at 13:20 GMT, valuing the company at £91.6m.

WSJ Logo