DreamWorks repays credit agreement in connection with its acquisition

By Wendy Van Sickle

Columbus, Ohio, Aug. 22 – DreamWorks Animation SKG, Inc. initiated on Monday the repayment in full of its amended and restated credit agreement dated Feb. 20, 2015 with JPMorgan Chase Bank, NA as administrative agent, according to an 8-K filing with the Securities and Exchange Commission.

The agreement will terminate upon receipt of the payment. The company initiated the repayment in connection with the completion of its acquisition by Comcast Corp.

DreamWorks is a Glendale, Calif.-based creator of computer-generated animated feature films, television specials and series, live entertainment properties and online virtual worlds.

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