MANHATTAN BEACH, CA – Parkfield Capital Advisors LLC (“Parkfield”) announced today that it has been selected by Celestial Tiger Entertainment Limited (“Celestial Tiger” or the “Company”) as the Company’s debt placement adviser. Based in Hong Kong, Celestial Tiger is the world’s largest broadcaster of Pan-Asian television channels dedicated to Asian entertainment. The Company is owned by Saban Capital and Lionsgate Entertainment.
“We are thrilled to be working with Celestial Tiger. This assignment is both a validation of Parkfield’s core strength a trusted adviser to middle market companies raising new debt capital, and it represents our strategic expansion into international markets,” said Andres Pinter, Parkfield’s founder and Managing Director. “We expect a speedy transaction and a wide array of debt options from which to choose.”
Parkfield’s debt placement advisory business provides creative capital solutions to privately-held lower middle market businesses across a wide range of industries and geographies. Parkfield specializes in advising clients generating from $10 million up to $500 million in revenue that are seeking to refinance existing debt at more favorable terms, or seeking financing for growth or other situations. Parkfield’s speed of execution differentiates the firm from other comparable advisers.
About Celestial Tiger
Celestial Tiger owns and operates a portfolio of “must carry” pay TV channels in Asia including Celestial Movies, KIX, Celestial Classic Movies, Thrill, cHK and Miao Mi. The Company’s top-rated channels are broadcast in multiple markets and have unmatched scale and a rapidly growing network footprint. Celestial Tiger was founded in 2008 and its channels are currently broadcast in Malaysia, Indonesia, Singapore, Hong Kong, Korea, Philippines, Thailand and many others.
Parkfield is a leading boutique financial advisory firm located in Manhattan Beach, California. Parkfield advises middle market companies and their stakeholders on a wide array of capital raising structures including unitranche, mezzanine, senior and junior debt financing, as well as minority equity infusions. The firm was founded by Andres Pinter in 2014.
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