Article: United States : Cinedigm Digital Cinema Corp awarded total finance commitment of USD100m.

Byline: rakshali03

Cinedigm Digital Cinema Corp (Nasdaq:CIDM) announced on Wednesday that its non-recourse deployment subsidiary, Access Digital Cinema Phase 2 Corp, has received commitment letters from GE Capital's Media, Communications & Entertainment business and Societe Generale Corporate & Investment Banking for senior credit facilities totalling up to USD100m. Cinedigm's Phase 2 subsidiary unit serves as the funding vehicle, administrator, and technology integrator for the company's 10,000-screen digital cinema rollout plan.

Once closed, these facilities will reportedly support the deployment of up to 2,133 digital systems in 2010 as contemplated ...

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