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“The overwhelmingly positive market reception for this transaction is a signal of the momentum we are seeing in our business,” said Eduardo Acuna, CEO at Regal Cineworld. “In Q3, Regal Cineworld welcomed over 49 million guests to our theatres and generated total revenue of over $1 billion dollars with record-high levels of spend per person on concessions. With the refinancing transaction, we will save $60 million per year in interest expense, which puts our successful restructuring squarely in the past.” |