SFX Entertainment has secured $90 million in new financing.

The $90m comes from both new and existing investors, including CEO Robert F. X. Sillerman, who had previously intended to take the company private by buying remaining shares. 

$30m of the funding comes from the company refinancing its existing revolving credit facility (a line of credit where a company pays a commitment fee and is then allowed to use the funds when they are needed). 

The remaining $60m consists of: the sale of $30m ...