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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Bank Syndicate Refinances Regal Cineworld’s Term Loan B and Revolving Credit Facility
Wednesday, December 4, 2024
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Lenders/Participants
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Barclays [Joint Arranger, Joint Bookrunner]
Deutsche Bank [Joint Arranger, Joint Bookrunner]
JPMorgan Chase Bank [Joint Arranger, Joint Bookrunner]
Wells Fargo Bank [Joint Arranger, Joint Bookrunner]
Goldman Sachs [Joint Arranger, Joint Bookrunner]
Texas Capital Bank [Joint Arranger, Joint Bookrunner]
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Structure
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Term Loan B and Revolving Credit Facility
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Amount
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$1.250
Billion
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Borrower(s)
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Regal Cineworld Group
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Description
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A new $1.9 billion USD Term Loan B facility (the "New Facility"). The New Facility is priced at SOFR + 525 bps with a maturity date of December 1, 2031, and replaces the Group's existing Term Loan B. The refinancing included a $350 million Revolving Credit Facility (the "New Facility") that replaces the company's existing revolving credit facility. The New Facility is priced at SOFR + 425 bps with a maturity date of December 1, 2029. Along with this refinancing and record highs at the box office, Regal Cineworld is well positioned after a successful restructuring of the company.
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Industry
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Entertainment
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| Related Tags |
Barclays, Deutsche Bank, Goldman Sachs, JP Morgan, Texas Capital Bank, Wells Fargo
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ABL Advisor
Deal Tables
2025
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