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Cineworld Mulls Fundraising If James Bond Rescue Gets Delayed
- Group may need $300 million depending on virus measures
- Cineworld’s shares have fallen 80% since the start of 2020
A woman walks past a poster for the latest James Bond movie "No Time to Die" in Bangkok on Feb. 28.
Photographer: Mladen Antonov/AFP via Getty Images
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For Cineworld Group Plc, “No Time to Die” can’t come soon enough.
The world’s second-largest cinema chain is facing lockdowns and the prospect of film delays that could jeopardize its ability to meet the terms of its loans. It says raising money could be a way for it to weather the pandemic.