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Bankruptcy Judge OKs Cineworld To Raise $2.3 Billion, Exit Leases


May 5, 2023
This Regal Cinemas theater in El Dorado Hills, California, has been listed on a lease rejection list by the cinema's parent, Cineworld. The company is still negotiating with landlords as it seeks to exit bankruptcy next month. (CoStar)

Cineworld, the world’s second-largest theater chain operator, is moving forward with its landlord negotiations, filing its latest iteration of lease rejections even as it receives approval from a U.S. bankruptcy judge to raise nearly $2.3 billion in hopes of exiting bankruptcy.

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