Realscreen » Archive » Tinopolis restructuring "blindsided" prodco owners: report
Hell’s Kitchen), Firecracker ( Paradise Hotel), Passion Distribution, Pioneer Productions ( Ocean Autopsy) and Magical Elves ( Nailed It!, pictured). The group’s banks and institutional funders have committed to invest funds to enable the company to restore its trading to pre-pandemic levels. Additionally, the management team has provided new investment. A majority holding in the continuing business will be sold to a new company owned by these management investors. As part of the wider restructuring, a non-trading group company in which Loan Notes (effectively, IOUs) owned by current and...
Source: realscreen.com