Regal Cineworld Group has refinanced its loan facility following a record Thanksgiving box office weekend, anticipating a continued rebound in moviegoing in 2025 after the theater chain emerged from bankruptcy last year.
The refinancing included a $350 million Revolving Credit Facility that replaced the company’s existing revolving credit facility and matures on Dec. 1, 2029, as well as a $1.9 billion Term Loan B facility that matures on Dec. 1, 2031. Barclays, Deutsche Bank, JP Morgan, Wells Fargo, Goldman Sachs and Texas Capital served as arrangers and bookrunners for the loan.
The deal came after the most lucrative Thanksgiving box office weekend in industry history, with $426 million grossed between Wednesday and Sunday in North America.