FIXED – Regal Cineworld owner received additional loans of $ 200M


(Currency in heading and paragraph 1 changed from “pounds” to “dollars”)

July 30 (Reuters) – Cineworld has received additional $ 200 million in loans from existing lenders, the theater operator said Friday, betting on poor consumer demand and a strong number of upcoming films to help this year’s recovery.

“The additional liquidity announced today provides the group with significant operational flexibility now that movie theaters have opened around the world,” said CEO Muki Gradinger. (Reporting by Chris Peters in Bangalore; editing by Vinay Dwivedi)

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