Regal Cinemas snags $1.9B loan to restructure debt, capitalizing on Thanksgiving box office boom.
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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.