SFX Secures $90 Million in New Financing

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NEW YORK--(BUSINESS WIRE)--SFX Entertainment, Inc. (NASDAQ: SFXE) (the “Company”) announced today that it has secured $60 million in new financing and refinanced its existing $30 million revolving credit facility, securing capital for new initiatives and operating and working capital needs. The $90 million comes from both new and existing investors, with $60 million in private placement financing and $30 million in a revolving credit facility. “This round of financing from these sophisticated i

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