MGM has received yet another debt extension until the end of October while it finalises a deal with Spyglass according to an article published on Reuters, which states:
“Metro-Goldwyn-Mayer [MGMYR.UL] said on Wednesday that its lenders agreed to extend a deadline for debt payments as the film studio prepares to be handed over to film company Spyglass Entertainment.”
Read “MGM lenders extend forbearance deadline to Oct 29” on Reuters
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