National CineMedia (NCMI) Announces Debt Restructuring

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Go back to National CineMedia (NCMI) Announces Debt Restructuring

National CineMedia To Strengthen Its Financial Position and Drive Long-Term Growth Through Pre-Arranged Restructuring

April 11, 2023 10:24 PM EDT

Continues to operate business as usual, connecting brands with the largest, most valuable moviegoing audiences

Enters into Restructuring Support Agreement through which NCM Lenders will convert all debt into equity

Company previews strong fourth quarter earnings with total revenue growth up 44%

CENTENNIAL, Colo.--(BUSINESS WIRE)-- National CineMedia, LLC (NCM LLC or the Company), the largest cinema advertising network in the U.S., today announced a series of debt restructuring transactions that are expected to meaningfully strengthen the Companys balance sheet and position the... More