Regal Cinemas, a major movie theater chain, recently obtained a substantial $1.9 billion loan to restructure its debt.
This significant refinancing extends maturity dates well into the future, providing financial stability for the company.
The loan comes after a successful Thanksgiving box office period, showing positive signs for the movie industry's recovery.
This financial maneuver will save Regal Cinemas a considerable $60 million annually in interest payments, bolstering its financial health.
