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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Cineworld Group Plc | LSE:CINE | London | Ordinary Share | GB00B15FWH70 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.381 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2022 to Apr 2024
By Jaime Llinares Taboada
Cineworld Group PLC on Tuesday said that it has obtained undertakings for a waiver from the holders of its guaranteed convertible bonds due 2025.
The U.K. cinema operator said the waiver is in relation to events of default arising from the nonpayment of amounts due to the former dissenting shareholders of Regal Entertainment Group.
Shares at 0715 GMT were up 4.8% at 27.65 pence.
Earlier this month, Cineworld had obtained similar waivers or undertakings to waive from other lenders.
In February, Cineworld announced an agreement with the former Regal shareholders to reschedule payment obligations under an unsecured facility agreement originally reached in September 2021. The company said Tuesday that it remains in discussions with these parties.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT
(END) Dow Jones Newswires
May 10, 2022 03:32 ET (07:32 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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