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Cineworld Secures $450M Debt Facility; New Measures Will Generate Over $750M In Extra Liquidity For Regal Owner

Nancy Tartaglione International Box Office Editor/Senior ContributorIn a major sign of confidence in the future of theatrical moviegoing, Cineworld Group, the world’s second largest exhibitor and owner of Regal in the U.S., has secured significant additional liquidity that will help ensure its future despite ongoing challenges created by the COVID-19 pandemic. This includes a new debt facility of $450M, while further operational measures will be implemented to deliver enhanced profitability over the long term.
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