Regal Cineworld Secures $1.9 Billion Loan to Bolster Financial Stability

The refinancing extends debt maturity dates, reduces annual interest expenses, and follows record-breaking Thanksgiving box office performance.

Regal Cineworld has refinanced $1.9 billion in debt, extending maturity dates to as late as December 2031, as part of its ongoing financial restructuring.
The refinancing package includes a $350 million revolving credit facility, replacing the company's previous credit arrangement.
This move is expected to save the company $60 million annually in interest expenses, signaling a stronger financial position post-restructuring.
The announcement follows Regal's record-breaking Thanksgiving weekend, driven by major releases like 'Moana 2,' 'Wicked,' and 'Gladiator II,' which attracted 5 million attendees at Regal locations.
In Q3 2024, Regal welcomed 49 million guests, generating over $1 billion in revenue with record-high concession spending per customer.