Cineworld Secures $200M in Loans, Debt Covenant Amendments
THR, Esq. 2021-07-30
Summary:
Cineworld, the owners of Regal theaters, announced on Friday that it had secured $200 million of incremental loans maturing in May 2024 from a group of its existing lenders. The company said the new debt facility does not have a material impact on its weighted average cost of debt. Buoyed by cinemas reopening in its […]