Regal Entertainment Group owner Cineworld Group PLC said Monday it secured a financial lifeline after creditors supplied the struggling movie-theater operator with a rescue loan and other debt relief.
Under the deal, lenders will provide a $450 million loan to Cineworld to help keep it afloat through the Covid-19 pandemic as infections surge throughout the U.S. Other lenders will provide additional flexibility on the company’s revolving loan and other senior debt, with the various measures providing over $750 million of extra…
