Vue In Advanced Talks To Secure $130M Debt Financing Amid Coronavirus Challenge
Cinema chain Vue is close to securing roughly £100M ($130M) in debt financing to help counteract the challenges wrought by coronavirus. Sources confirm to us that there are advanced talks to secure…
is close to securing roughly £100M ($130M) in debt financing to help counteract the challenges wrought by coronavirus.Sources confirm to us that there are advanced talks to secure the funding, a move first reported by Sky. The company refinanced its debt last year, with none of its borrowings repayable until 2025.
Canadian firm Vue is the UK’s third largest chain and has sites in Europe and Asia. Vue and other networks have been re-opening venues in recent weeks as the sector looks to breathe life back into a business which has been pummelled by the lockdown.Hopes are high among exhibitors that Warner Bros’
Tenet, which rolls out internationally this month, can be the catalyst for an upturn in box office and for it to pave the way for other blockbusters.The UK today announced that indoor theater and music performances with socially distanced audiences will be permitted from tomorrow. However, many theaters do not see this as a financially viable option and aren’t expected to re-open for some months at least.
Subscribe toand keep your inbox happy. Read more: Deadline Hollywood »
Trump called 'demented' after blaming 'blue states' for coronavirus death toll
Trump blames 'blue states' for increasing coronavirus death toll. President Donald Trump blasted Democratic led states Wednesday.
I guess banks owning theater chains works for Canada, why not everywhere else?
One New York Couple Is Getting Creative With Their Romance Amid The CoronavirusAmid the coronavirus pandemic, one couple is getting creative — and very public — with their romance. Babe hold my table, I have to tie my shoe
Global wealthtech funding more than doubled in Q2 2020 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Coronavirus Disease 2019 (COVID-19)Have you recently recovered from COVID19? If you have tested positive for coronavirus, please consider donating BloodPlasma to help save lives. Hear from SecAzar and find a plasma donation center at SecAzar Maybe get more tests out there and you can find more people to donate because they don’t know they have it. SecAzar Would be amazing to understand how please
TUI looking at new equity, divestments to cut COVID-19 debt pileTUI , the world's largest tourism company, said it was considering raising new equity from shareholders or selling off parts of the business to reduce debt taken on to survive the coronavirus pandemic.
Novavax Inks Covid-19 Vaccine Deal With U.K. for 60 Million DosesNovavax said it has struck a deal to provide 60 million doses of its Covid-19 vaccine to the U.K. for an undisclosed sum and receive funding to support a late-stage trial in the country And why can’t we do this again? Oh yeah, because our president is an idiot. understand coronavirus vaccine and the three vaccine candidates now. Coronavirus Vaccines Candidates works only under these conditions. Time to sell again
Coronavirus relief negotiations hit another wall, talks of merging aid with government funding worries expertsCoronavirus relief talks hit a wall once again Wednesday, as negotiators appeared completely unable to find common ground and lawmakers poised to leave Washington for the month-long August recess. After five days with no outreach, Treasury Secretary Steven Mnuchin called House Speaker Nancy Pelosi on Pelosi is trying to buy votes