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 ...
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, the U.K.-based parent company of Regal Cinemas, is making progress on a path out of bankruptcy, but that path looks to be littered with losses for landlords. With more than $5B in debt, ...