Near-Bankrupt SFX Secures $20 Million In Fresh Financing

SFX Entertainment has secured $20 million in new financing, for ‘itself and certain of its operating subsidiaries’.
Sillerman’s electronic dance music company SFX ended last week on a high.  According to details now surfacing, the company is securing substantial financing following a tough period of falling revenues.  SFX will file a Form 8-K, ‘for its working and general corporate purposes’.
Sillerman hired investment bank Moelis & Com