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.
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