Thunderbird Entertainment Group (TSXV: TBRD, OTCQX: THBRF) has secured a significant financial boost with a new credit agreement from Royal Bank of Canada that opens the door to a revolving credit facility totaling $55.92 million (C$75.45 million). This new funding is set to support the Vancouver-based company’s ongoing content production, corporate operations, and strategic acquisitions. Thunderbird now has increased financial flexibility to navigate the demands of producing award-winning scripted, unscripted, and animated programs for global audiences.
The credit facilities are tailored to different needs within Thunderbird’s operating structure. Thunderbird Entertainment Inc. (TEI) can draw on $14.83 million (C$20 million) dedicated to acquiring select media companies, while a $7.41 million (C$10 million) line covers daily working capital and corporate expenses. TEI also benefits from a $3.11 million (C$4.2 million) revolving lease facility for capital assets and an additional $556,030 (C$750,000) foreign exchange line to manage currency risk. A business Visa credit line up to $370,686 (C$500,000) adds another layer of practical financial support.
Atomic Cartoons, Thunderbird’s animation studio division, stands to gain the largest portion of funding with a $29.65 million (C$40 million) production operating line designed to optimize Canadian and provincial film production tax credits. This arrangement allows the studio to maintain steady cash flows linked to tax incentives, which can ease budget pressures on animation projects and keep production schedules on track with competitive financing terms aligned to those across the company.
Importantly, this financial package maintains Thunderbird’s independent governance. The facilities are secured by general security agreements over company assets but do not involve issuing shares or convertibility into securities. The borrowing terms include repayable-on-demand features, ensuring the company retains control and agility regardless of market conditions or production timeline demands.
Jennifer Twiner McCarron, CEO and Chair of Thunderbird Entertainment, emphasized that the credit arrangement is designed to “maximize our ability to move quickly and tackle new opportunities” while preserving operational stability. The full legal amendment governing this agreement will be publicly available on the SEDAR+ regulatory platform once final approval by the TSX Venture Exchange is obtained.
Thunderbird’s wide-ranging production slate spans popular titles such as Mermicorno: Starfall, Molly of Denali, Highway Thru Hell, and Kim’s Convenience. With teams based in Vancouver, Los Angeles, and Ottawa, the company leverages the new credit facility to balance creative investment with business discipline, supporting its steady growth in the highly competitive media landscape. This credit arrangement provides a foundation for Thunderbird to continue developing and distributing content that resonates both nationally and internationally.
