The credit facility “is critical to RatPac’s key partnership with Warner Bros. and we will continue to work hard to deepen and strengthen this relationship in the future,” Packer says. Ratner adds that the bank support will help RatPac’s effort to become “a global media and entertainment brand.”
Boa’s Daniel Timmons, at its Entertainment Industries Group, led the new financing effort. The bank is the sole arranger and administrative agent for the credit facility. Other backers include SunTrust Bank, Union Bank, and City National Bank.