Bona Film secures $20M credit facility from East West Bank Bona Film Group (BONA) announced that it has entered into a $20M secured revolving credit line agreement with East West Bank (EWBC). The credit facility will be used to fund upcoming productions and to acquire the distribution rights to international films in China.
News For BONA;EWBC From The Last 14 Days
Check below for free stories on BONA;EWBC the last two weeks.
East West Bancorp raises FY14 EPS to $2.29-$2.33 from $2.24-$2.28 FY14 EPS consensus of $2.33. This EPS guidance for the remainder of 2014 is based on an adjusted net interest margin ranging from 3.35% to 3.40%1, total loan growth of approximately $400 million per quarter, provision for loan losses of approximately $5.0 million to $8.0 million per quarter, noninterest expense of approximately $120 million to $125 million per quarter, and an effective tax rate of 29%.