Irish actor Pierce Brosnan as 007 in the James Bond film 'The World Is Not Enough', 1999.
Keith Hamshere—Getty Images
By Tom Huddleston, Jr.
June 27, 2014


This post is in partnership with Fortune, which offers the latest business and finance news. Read the article below originally published at Fortune.com.

Metro-Goldwyn-Mayer (MGM) said Thursday it has raised $300 million in fixed-rate loans arranged by JP Morgan Chase and Goldman Sachs.

The 90-year-old film studio, which for years made classic films and is now home to the James Bond franchise, said it raised $100 million more than it originally sought. The loan spans six years and comes at a fixed rate of 5.125%, and it will be used for “general corporate purposes.”

For the rest of the story, go to Fortune.com.

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