Regal Owner Cineworld Unveils Restructuring Agreement With Lenders to Emerge From Bankruptcy – Hollywood Reporter

Movie theater giant Cineworld said early Monday London time that it has struck an agreement with lenders that would see it emerge from Chapter 11 bankruptcy via a restructuring.

The company said it still expects to emerge from its Chapter 11 cases during the first half of 2023, even though the process could delay this beyond the first half. Cineworld said it remains committed to emerging from the Chapter 11 cases as expeditiously as possible.

The proposed r…

Read the full article at: https://www.hollywoodreporter.com/business/business-news/cineworld-restructuring-agreement-lenders-bankruptcy-emerge-1235365864/