WebApr 12, 2024 · Cineworld filed for Chapter 11 bankruptcy protection in the US last September after struggling under a $8.8bn (£7.1bn) debt pile, and is aiming to restructure its business to survive. Its plans include moves to slash its debt by $4.5bn and to raise $2.3bn, both of which have already been agreed with lenders. ... and faced disappointing box ... WebNov 24, 2024 · News of the debt reprieve sent Cineworld shares 20% higher, to 55.3p, making it the top FTSE 250 riser on Monday. “The measures we are announcing today deliver over $750m of extra liquidity to ...
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