14.01.2013 20:10:00
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Regal Cinemas Corporation -- Moody's assigns B3 to Regal Entertainment Group bonds, affirms B1 CFR
New York, January 14, 2013 -- Moody's Investors Service assigned a B3 rating to the proposed senior unsecured notes of Regal Entertainment Group (Regal) and affirmed its B1 corporate family rating. The company expects to use proceeds to fund acquisitions or to repay debt, which could include a tender for Regal's 9.125% senior unsecured bonds due August 2018 and the 8.625% senior unsecured bonds due 2019 of its operating subsidiary Regal Cinema Corporation.
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