Hughes Hubbard Works on 75 Million Euro Loan for Stage Entertainment

Hughes Hubbard & Reed represented Stage Entertainment B.V. in connection with the US aspects of a 75 million euro term and revolving facilities agreement.

The Netherlands-based company’s four US subsidiaries are guarantors under the facility. The lenders under the facility included ABN AMRO Bank and ING Bank.

Stage Entertainment provides a wide range of live entertainment to audiences across Europe and in New York by operating world-class venues, producing a range of leading international content, and creating and developing new musicals for shows. Notable productions include “The Lion King,” “Sister Act,” “Mama Mia,” “Beauty and the Beast,” “Cats,” “Hairspray,” “Saturday Night Fever” and “Rocky.”

The Hughes Hubbard team included Steven Greene, Arinze Ike and Christine Lamsvelt.