Loan stars

Hong Kong's Han Entertainment has completed the financing for its US$15 million action film Silverhawk. The film stars Michelle Yeoh, as a superhero who sports many disguises, Richie Ren, Luke Goss (from Blade 2) and Brandon Chang Cheuk-nam.

Han Entertainment's Thomas Chung and Jarred Underwood, of specialist bank Comerica, closed a loan for an undisclosed sum.

'We are very excited to bring another very experienced bank to Hong Kong and to have executed such a sophisticated deal,' says Chung. Media Asia has bought the rights to the film in Hong Kong, the mainland, Taiwan, Malaysia and Singapore, while international distribution worldwide will be handled by Arclight's new commercial films division, Darklight. The film is expected to be out by the Lunar New Year.

Australian-based Arclight's Hong Kong representative, Bey Logan, says: 'We're happy to support such a high quality Asian film. It will complement other films such as Masters of War with Nicolas Cage, and Merchant of Venice with Al Pacino.'