Natixis foots finance to find the best-profile fare

Substantiating its boast of being Europe's leading loan company towards the film and tv industries, Paris bank Natixis Coficine has closed financing deals on three from typically the most popular tickets in the marketplace: James Gray's "Low Existence," Pablo Trapero's "The White-colored Elephant" and "Only God Forgives," Nicolas Winding Refn's follow-as much as "Drive."The drive into worldwide is not coincidental. Key companies in Europe -- for instance Wild Bunch and Spain's Morena Films -- focus on diverse slates different in nationality and kind, and acquired from around the world.Natixis Coficine has funded Wild Bunch films in excess of 10 years, in addition to cashflows Morena projects.This Season, it given 700 million ($917 million) to Europe's film and tv industries. U.S. banks is probably not so comfortable discounting European public money or other subsidies and rules which leaves market options for Natixis, mentioned Natixis Coficine director Christophe Vidal.Gray's "Lowlife," starring Joaquin Phoenix, Marion Cotillard and Jeremy Renner, went into production in the finish from the month of the month of january. It'll shoot through late May.NY's equity fund Three Point Capital is establishing $2.8 million, mostly discounting a NY tax credit, while another equity fund, Worldview, has invested $3.6 000 0000, and contains maintained The U . s . States and Canada.In the deal closed 72 hours ago, Natixis Coficine has cash-went Wild Bunch's substantial minimum guarantee for your the earth outdoors the U.S. and Canada, which takes care of a lot of the film's budget."ten years, maybe three years ago," the Wild Bunch deal on "Low Existence" might have been cash-went having a U.S. bank, Vidal mentioned."Our experience continues to be recognized. People situated in Europe can now use us, instead of requiring to combine the Atlantic."Produced by Space Rocket Nation, a company Winding Refn put into 2008 with producer Lene Borglum, crime thriller "Only God Forgives," with Ryan Gosling and Kristin Scott Thomas, is presently shooting in Thailand.Vidal describes the film just like a European type of indie, with Danish pubcaster Danmarks Radio establishing $104,800, because the Danish Film Institute gets control $877,000 Scanbox ponied up $393,000 for Scandinavian distribution rights the Sweden regional film fund Film I Huge establishing $216,000 as well as the Norwegian Film and tv Fund looking for $131,000. U.S. producer Bold Films, prodcuer on "Drive," invested $197,000.The primary way to obtain finance round the film can be a joint minimum guarantee by Wild Bunch and Gaumont for $2.8 million, Vidal mentioned.Natixis Coficine generate a production credit facility of $2.8 million, discounting the delivery obligations from Wild Bunch/Gaumont and Scanbox."In money terms, it wasn't this kind of huge operation, nevertheless the film includes a hollywood, which there exists a great relationship while using producer Lene Borglum as well as the director, with whom we done 'Valhalla Rising,' " Vidal mentioned.On "White-colored Elephant," Spain's Morena Films produces with France's Full House and Argentina's Disney-backed Patagonik and Matanza Cine, Trapero's label. Wild Bunch sells worldwide. Natixis reduced part of Wild Bunch's minimum guarantee together with a subsidy from Spain's Icaa Film Institute for $982,000. Contact the number newsroom at news@variety.com