National CineMedia (NCMI) Announces Debt Restructuring
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National CineMedia To Strengthen Its Financial Position and Drive Long-Term Growth Through Pre-Arranged Restructuring
April 11, 2023 10:24 PM EDTContinues 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
