Regal Cinemas to start roadshow late next week for $400 million notes via CSFB

By Paul A. Harris

St. Louis, April 15 - Regal Cinemas Bonds Corp., a subsidiary of Knoxville, Tenn.-based Regal Entertainment Group, will start a roadshow late in the week of April 19 for a $400 million offering of subordinated notes, according to market sources.

Credit Suisse First Boston will run the books for the Rule 144A deal.

Proceeds, together with a portion of available cash, will be used to pay an extraordinary dividend of approximately $5.00 per share to holders of the company's Class A and Class B common stock, and for general corporate purposes including potential acquisitions.

Regal Entertainment Group is a cinema chain owner-operator.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.