Corgi International Limited, which was formed by the acquisition of Cards Inc. and a merger with Master Replicas (see 'Corgi Acquires Cards Inc.'), has raised $39.3 million in debt and equity, the company announced today.  The bulk of the financing was a $30 million asset based lending credit line with Burdale Financleial Limited, a member of Bank of Ireland Group. 

Additional debt financing was provided by current lenders Barclays, Ropart Asset Mangement Fund, and Gateway Trade Finance.  Gateway also agreed to provide up to $3.3 million in inventory financing for at least one year. 

Corgi also raised $2.2 million in equity financing in a private placement to existing investors.  Another $470,000 in bridge financing was converted to equity. 

This financing puts Corgi in a good position to continue to exploit and expand its license roster, which grew this year (with a number of new licenses, see 'Corgi Gets Bond Master License;' 'Corgi Gets Super Mario, Donkey Kong, and Zelda;' and 'Corgi Gets Igor, Beatles, and Halo 3 Licenses') despite the ending of its Lucasfilm license (see 'No More Star Wars for Master Replica').