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Regal Owner Cineworld Group Secures Lifeline With $450 Million Debt Facility

Beleaguered Regal cinema chain operator Cineworld Group has found a lifeline by securing a new debt facility of $450 million and the issue of equity warrants. The company has agreed bank covenant waivers until June 2022 and has extended the maturity of its $111 million incremental revolving credit facility from Dec. 2020 to May 2024. […]

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