Regal Entertainment Holdings Inc. through its subsidiary operates as a movie theater. The company was incorporated in 2002 and is based in Knoxville, Tennessee. Regal Entertainment Holdings Inc. operates as a subsidiary of Regal Entertainment Group.
7132 Regal Lane
Knoxville, TN 37918
Founded in 2002
Regal Cinemas Corporation, Regal Entertainment Group and Regal Entertainment Holdings Inc. Enter into Loan Modification Agreement Amends Sixth Amended and Restated Credit Agreement
May 28 13
On May 28, 2013, Regal Cinemas Corporation (Regal Cinemas), a wholly owned subsidiary of Regal Entertainment Group (REG), REG, Regal Entertainment Holdings Inc. and the other affiliates of Regal Cinemas party thereto as guarantors entered into a Loan Modification Agreement with Credit Suisse AG, Cayman Islands Branch, as Administrative Agent and the revolving lenders party thereto (Loan Modification Agreement). The Loan Modification Agreement amends that Sixth Amended and Restated Credit Agreement, as previously amended, dated April 19, 2013, among Regal Cinemas, REG, Regal Entertainment Holdings Inc., the other affiliates of Regal Cinemas party thereto as guarantors, Credit Suisse AG, Cayman Islands Branch and the lenders party thereto (Credit Agreement). The Credit Agreement provides, among other things, for senior secured credit facilities consisting of term loans with an original principal balance of $1,006 million and a revolving credit facility (Revolving Facility) of up to $85 million. The Loan Modification Agreement amends the Credit Agreement by reducing the interest rate on the Revolving Facility by 1.00%. Specifically, the Loan Modification Agreement provides that, depending on the consolidated leverage ratio of Regal Cinemas and its subsidiaries, the applicable margin under the Revolving Facility for base rate loans will be either 1.50% or 1.75% and the applicable margin under the Revolving Facility for LIBOR rate loans will be either 2.50% or 2.75%. The Loan Modification Agreement also amends the Credit Agreement to extend the maturity date of the Revolving Facility from May 19, 2015 to May 19, 2017.