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Regal Entertainment Raises $150M

Regal Entertainment Group has raised $150 million in sale of senior notes.

Regal Entertainment Group has raised $150 million in sale of senior notes. The movie theater chain appointed Credit Suisse as the sole bookrunning manager for the deal.

The notes carry a coupon rate of 9.125%, and are due to mature on Aug. 15, 2018. The Tennessee-based company plans to use the net proceeds to pay down a portion of the company’s outstanding obligations under its senior credit facility, and to pay fees and expenses related to the offering.

Click here for the release from Business Wire.

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