391 articles today

Regal Cinemas Refinances Debt With New $1.9 Billion Loan

Variety
Story by Rebecca Rubin
from Variety
Image from Variety
scrn logline
Regal Cinemas snags $1.9B loan to restructure debt, capitalizing on Thanksgiving box office boom.
beat sheet
  • The new loan extends Regal's debt maturity dates to as far out as December 2031, giving the theater chain much-needed financial breathing room.
  • The refinancing comes on the heels of a record-breaking Thanksgiving weekend at the box office, signaling Regal's confidence in a continued movie theater rebound post-pandemic.
call sheet
Regal Cinemas
Read the source