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- European cinema giant Vue will see its lenders take full ownership of the company in a £1 billion ($1.18 billion) takeover as the exhibitor battles back following the pandemic. Vue confirmed on Thursday that its first-lien lenders will take 100% equity ownership of the business.
variety.com/2022/film/news/vue-liquidity-recapitalization-lenders-1235316837/European Cinema Giant Vue Secures $88 Million of Additional ...
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Jul 14, 2022 · Vue International, Britain's third-biggest cinema chain, is close to bringing the curtain up on a £1bn recapitalisation that will see its lenders take ownership of the business and put it back on a sustainable financial footing.
Jan 27, 2023 · Cinema chain Vue International has completed its recapitalization process and now has access to £75 million ($92 million) of additional liquidity. The liquidity will provide the chain with “a...
Jan 26, 2023 · 26 January 2023: The Vue International group (‘Vue International’ or ‘Vue’), the largest privately held cinema group in Europe, confirms that it has successfully completed its recapitalisation, giving the group access to £75m of additional liquidity, delivering a substantial deleveraging of its balance sheet and providing it with a ...
Jul 14, 2022 · A group of lenders led by US asset manager Barings and hedge fund Farallon Capital has taken control of Vue International, the UK’s third- largest cinema chain, as part of a £1bn debt...
Jan 13, 2024 · Vue International, Europe's largest independent cinema operator, is finalising a fresh debt restructuring after the Hollywood actors' strike halted the release of a string of blockbuster movies.
Jul 14, 2022 · Vue International is reportedly close to agreeing to a £1bn debt refinancing, which will give its lenders ownership, to bolster its balance sheet post-pandemic. Britain’s third-largest...
Jan 30, 2023 · Latham & Watkins has advised the ad hoc committee of senior secured lenders of the Vue International group, the largest privately held cinema group in Europe, on the successful completion of its comprehensive financial recapitalization.
