Don’t expect Ed Sheeran to be in the running as the next Super Bowl halftime show performer.
28.07.2023 - 07:35 / variety.com
Naman Ramachandran The Cineworld cinema chain has secured a new revolving credit facility of $250 million as part of its restructuring process. The restructuring will “transform the group’s balance sheet and provide it with significant additional liquidity to fund its long-term strategy,” Cineworld said.
It will involve the release of approximately $4.53 billion of the group’s funded indebtedness, the execution of a rights offering to raise gross proceeds of $800 million and the provision of $1.71 billion in new debt financing, which “includes a new revolving credit facility of $250 million that has been secured since the company’s previous announcements,” the group revealed in a statement on Friday. The restructuring does not provide for any recovery for holders of Cineworld’s existing equity interests, the group said.
The restructuring continues with the board of directors approving the decision to appoint administrators. The group has subsequently applied to the High Court in London for an administration order under the Insolvency Act 1986.
In addition, following an application by Cineworld to the U.K.’s Financial Conduct Authority (FCA), the group has confirmed that the listing of its ordinary shares on the premium listing segment of the Official List of the FCA and the admission to trading of the shares on the London Stock Exchange main market for listed securities will be suspended with effect from 8.00 a.m. London time on July 28.
Cineworld Group and its subsidiaries had commenced Chapter 11 cases in the United States Bankruptcy Court in September 2022. The group now expects to emerge from the Chapter 11 cases by July 31 and will continue to operate its cinemas as usual without interruption, it said in May.
.Don’t expect Ed Sheeran to be in the running as the next Super Bowl halftime show performer.
Apple TV+ has set November 8 as the premiere date for its upcoming freshman series The Buccaneers which will include the first three episodes. One new episode will be released weekly thereafter on Wednesdays through December 13.
An official premiere date for the 12th season of American Horror Story, titled Delicate has been announced!
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Follow OK! on Threads here: https://www.threads.net/@ok_mag Riley Keough has revealed her daughter's name is a touching tribute to her late grandfather Elvis Presley and her late brother, Benjamin.The Daisy Jones & The Six actress, 34, is the daughter of the late Lisa Marie Presley and the eldest grandchild of the late Elvis Presley, in August last year she welcomed her daughter via a surrogate with her husband Ben Smith-Petersen. Recently Riley announced her daughter's name, Tupelo Storm Smith-Petersen, during an interview with Vanity Fair having concealed it from the public.The star, who was featured on the front cover of the US magazine, went on to explain the touching tribute it holds.
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found dead at her home in London on July 26 at the age of 56, were announced in a statement on behalf of her family on Sunday.Per the Irish Times, they have invited mourners to pay their final respects during a funeral cortege that will pass her home of 15 years in Bray, on the Eastern Irish coast just south of Dublin.Beginning at 10:30 a.m., the processional will take place along Bray’s seafront Strand Road, and culminate at the other end of the one-kilometer strip before turning for a private burial with the family.“Sinéad loved living in Bray and the people in it. With this procession, her family would like to acknowledge the outpouring of love for her from the people of Co[unty] Wicklow and beyond, since she left last week, to go to another place,” the message concluded.The Post reached out to O’Connor’s representatives for comment.O’Connor, who was born on Dec.
Carol Kirkwood has opened up on how her fiance wakes her up for her BBC Breakfast shifts.
Olivia Rodrigo has revealed the full tracklist for her forthcoming second album ‘Guts’.The pop singer teased the reveal yesterday (July 31) by posting an Instagram video showing an aerial view of her in a bedroom unpacking boxes and adjusting items. The end of the clip featured a snippet of a new track and showed her typing up “‘Guts’ tracklist” on a typewriter.Today (August 1), Rodrigo shared a new video that revealed the entire tracklisting for her next album.
First Lady Dr. Jill Biden is getting candid about her relationship with the President of the United States, Joe Biden.
Naman Ramachandran Former WarnerMedia Studios and Networks Group chair and CEO Ann Sarnoff has joined the board of directors of Cineworld as the group emerges from Chapter 11 cases. Cineworld Group and its subsidiaries had commenced Chapter 11 cases in the United States Bankruptcy Court in September 2022. On Aug.
Joe Otterson TV Reporter Cody Rhodes is one of the leading figures in professional wrestling, but his path to the top has not been a straight one. In the new Peacock documentary “American Nightmare: Becoming Cody Rhodes,” the WWE star delves deep into his past and sets his sights on the future. In the feature-length doc, Rhodes talks at length on his feelings growing up as the son of legendary wrestler Dusty Rhodes and how he learned to trust his instincts and bet on himself in his quest to reach the highest echelon of sports entertainment.
UPDATED, 07:30 a.m.: Cineworld Group has officially entered administration, following an application at the High Court in London. The administration order applies only to Cineworld Group and not to any of its operating companies or subsidiaries such as Regal Cinemas in the U.S. or Picturehouse Cinemas in the UK.
It was made famous by The Beatles song ‘Hey Jude’ that sold eight million copies and is now 14th on the UK's most popular boys' names list. The name Jude is proving popular with celebs, too, as a host of reality TV stars have chosen the unique name for their new baby boys. Following the release of the song ‘Hey Jude’, the name Jude rocketed from position #885 to #668 on name popularity lists for new babies in the US and has proven to be a popular name to this day.The name Jude is both a boy's name and a girl's name of Greek origin meaning "praised".
Red Rooms won a leading three awards including Best Feature at the 27th annual Fantasia International Film Festival in Montreal, with the thriller Femme taking Best Director for Sam H. Freeman & Ng Choon Ping and Outstanding Performance for Nathan Stewart-Jarrett. See the full list of winners below.
Tommy Dorfman is getting candid about her earnings as a striking member of SAG-AFTRA.On Monday, the actress took to Threads to offer a glimpse at the amount of money she made during the first season of Netflix's. «my earnings for the entire first season of 13 reasons why were $29,953.24 prior to agency and manager fees (20%) and taxes. 8 episodes over six months,» the actress, who starred as Ryan Shaver on the series, wrote.
Barbie is a bonafide smash hit at the box office!