The exhibitor and its creditors are looking to shop the company for sale or complete a reorganization via a debt-for-equity transaction. By Etan Vlessing Canada Bureau Chief Exhibition giant Cineworld ...
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 ...
Exhibition giant Cineworld, which filed for Chapter 11 bankruptcy in the U.S. last September, has said it will not sell off any of its assets individually, and has clarified that neither it nor its ...
May 2 (Reuters) - Bankrupt movie theater chain Cineworld (CINE.L), opens new tab received U.S. court approval on Tuesday to raise $2.26 billion as part of its exit from bankruptcy, after reaching a ...
The second-largest exhibitor in the world had previously targeted to do so "by mid-year." By Georg Szalai Global Business Editor Cineworld had filed for Chapter 11 bankruptcy protection in September ...
Regal Cinemas owner Cineworld, which filed for Chapter 11 bankruptcy protection last year, said Friday that it expected shareholders to be wiped out entirely, meaning they should not expect to recover ...
Cineworld Group — the world’s second largest movie theater chain and owner of Regal Cinemas — said Wednesday that it has filed for Chapter 11 bankruptcy protection. The British company, which owns ...
Beleaguered cinema giant Cineworld, the world’s second biggest movie theater chain and owner of Regal Cinemas, confirmed on Monday it is considering filing for bankruptcy in the U.S. as it struggles ...
People shelter from the rain under an umbrella outside a cineworld cinema in Leicester Square in central London. (Photo by JUSTIN TALLIS/AFP via Getty Images) Cineworld’s share price has collapsed ...
Regal owner Cineworld has entered into a restructuring support agreement and a backstop commitment agreement with lenders that will, if approved, see it emerge from bankruptcy. The exhibition giant ...