Post Road Equipment Finance (PREF), formerly known as Encina Equipment Finance, closed two significant transactions within the media industry.
PREF has secured a $40 million lease line with a global diversified radio and TV broadcasting company. This investment will facilitate the acquisition of essential broadcasting equipment and mobile trailers.
In addition, PREF has extended a $20 million loan to a diversified media company. This financing will support the expansion of new and existing TV transmitter stations and state-of-the-art studio and broadcasting equipment.
Represented by Reed Smith, these transactions demonstrate PREF’s expertise and its commitment to facilitating growth and innovation across various industries.
