Regal secures a $1.9B loan to fuel its theater revamp, signaling a rebound for the battered movie chain after its recent bankruptcy restructuring.
beat sheet
Regal's latest refinancing deal includes a $350M revolving credit facility, orchestrated by a powerhouse team of lenders including Barclays, Deutsche Bank, and Goldman Sachs.
In its most recent quarter, Regal welcomed 49M moviegoers and generated over $1B in total revenue, with record-high concession spending per person - a promising indicator of the chain's post-pandemic recovery.
call sheet
Eduardo Acuna, Regal Entertainment Group, Cineworld, Barclays, Deutsche Bank, JP Morgan, Wells Fargo, Goldman Sachs, Texas Capital