Cineworld Group said it has
emerged from Chapter 11 bankruptcy after nearly 11 months,
coming out with lower debt and a new slate of management and
board. The world s second largest.
Cinema giant and Regal owner Cineworld has successfully completed its financial restructuring process and emerged from its Chapter 11 bankruptcy cases in the…
Cineworld emerges from Chapter 11 bankruptcy By Reuters investing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investing.com Daily Mail and Mail on Sunday newspapers.
The ‘New Cineworld’ has fixed its balance sheet after cutting debt by $4.53-billion, raising about $800-million in new equity capital and securing new debt financing of about $1.71-billion
Among the companies with reports and trading updates today at HSBC, BP, Greggs, Dominos, Robert Walters, Travis Perkins, Aston Martin, Watches of Switzerland, Weir Group and Diageo.