Cineworld Reaches Restructuring Agreement With Lenders to Emerge From Chapter 11 Bankruptcy

Cineworld Reaches Restructuring Agreement With Lenders to Emerge From Chapter 11 Bankruptcy

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Cineworld Group has entered into “restructuring support” and “backstop commitment” agreements with its lenders that could help the Regal Cinemas owner emerge from Chapter 11 bankruptcy. The lenders hold and control approximately 83% of the group’s term loans due in 2025 and 2026 and a revolving…

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