Appointing a U.K. administrator is the latest step as the exhibition giant looks to emerge from bankruptcy proceedings as part of a debt-for-equity transaction. By Etan Vlessing Canada Bureau Chief ...
Following last week’s announcement, Cineworld officially will cease trading on the London Stock Exchange at 8 a.m. BST Tuesday. “As previously announced by Cineworld, the restructuring of the Group, ...
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 ...
The ratings firm cited debt reductions and improved cash flow to assign a B rating and a stable outlook for the exhibition giant after its bankruptcy restructuring. By Etan Vlessing Canada Bureau ...
Canadian movie theater chain Cineplex Inc. has approached lenders to its bankrupt rival Cineworld Group PLC about reviving a potential merger with the U.K. company’s Regal Entertainment Group ...
Cineworld plans to file its reorganization plan by Oct. 31, an attorney for the giant chain said today at a hearing. It also won’t be forced to state its case in a Canadian appeals court next month ...
The second largest exhibitor in the world is expected to file in the coming weeks in both the U.S. and the U.K. The second-largest film exhibitor in the world, Cineworld, is expected to file for ...
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