Integrated Systems Europe (ISE) – the world’s largest exhibition for AV and systems integration professionals – is back in February, offering up a meeting point for the industry to collaborate, learn and do business.
Filling 15 halls at the Amsterdam RAI, the 2019 edition is set to attract over 1,300 exhibitors and 80,000 attendees, making it the biggest ISE so far.
In addition to the Amsterdam RAI, the nearby Hotel Okura is playing a significant role at ISE 2019. From 5th to 8th February, this five-star hotel will host an exciting programme of conferences addressing the following key vertical sectors: XR, Digital Cinema, Digital Signage, Hospitality and Visitor Attractions.
Cinedigm Corp.: Cinedigm Announces Overall Corporate Debt Reduction of $44.2 Million
89% Reduction in Debt since March 31, 2020 Delevers Balance Sheet to Support Streaming M&A Strategy
LOS ANGELES, CA / ACCESSWIRE / May 7, 2021 / Cinedigm Corp. (NASDAQ:CIDM) announced today that over the past twelve months, the Company has reduced its total outstanding debt balance by $44.2 million or 89% to a current balance of $5.7 million from $49.9 million at March 31, 2020.
The Company achieved this significant debt reduction milestone by converting $15.0 million in convertible notes to equity, retiring $8.2 million of second lien debt, repaying $8.7 million of Digital Cinema non-recourse debt and $14.4 million in revolver debt. These actions have significantly reduced the Company s annual interest expense.
Cinedigm Announces Overall Corporate Debt Reduction of $44.2 Million
ACCESSWIRE
07 May 2021, 23:43 GMT+10
89% Reduction in Debt since March 31, 2020 Delevers Balance Sheet to Support Streaming M&A Strategy
LOS ANGELES, CA / ACCESSWIRE / May 7, 2021 / Cinedigm Corp. (NASDAQ:CIDM) announced today that over the past twelve months, the Company has reduced its total outstanding debt balance by $44.2 million or 89% to a current balance of $5.7 million from $49.9 million at March 31, 2020.
The Company achieved this significant debt reduction milestone by converting $15.0 million in convertible notes to equity, retiring $8.2 million of second lien debt, repaying $8.7 million of Digital Cinema non-recourse debt and $14.4 million in revolver debt. These actions have significantly reduced the Company s annual interest expense.
ISE 2019 – PCR pcr-online.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pcr-online.biz Daily Mail and Mail on Sunday newspapers.