Regal Cineworld Group, a leading global theatre operator, has successfully secured 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.

Barclays, Deutsche Bank, JP Morgan, Wells Fargo, Goldman Sachs, and Texas Capital Bank served as arrangers and bookrunners for the loan.

The refinancing comes after a record-breaking Thanksgiving weekend at the box office and represents investor confidence in the cinema sector's ongoing recovery and Regal Cineworld's strategic advantages.

"The overwhelmingly positive market reception for this transaction is a signal of the momentum we are seeing in our business," said Eduardo Acuna, CEO at Regal Cineworld. "In Q3, Regal Cineworld welcomed over 49 million guests to our theatres and generated total revenue of over $1 Billion Dollars with record-high levels of spend per person on concessions. With the refinancing transaction, we will save $60 million per year in interest expense, which puts our successful restructuring squarely in the past."