• +353-1-416-8900(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Recovery Report: Regal Entertainment Group's Recovery Rating Profile Jan 12 Product Image

Recovery Report: Regal Entertainment Group's Recovery Rating Profile Jan 12

  • Published: January 2012
  • Standard & Poors

Abstract
We are updating our recovery analysis on Knoxville, Tenn.-based motion picture exhibitor Regal Entertainment Group (Regal), as part of our ongoing surveillance. Standard & Poor's Ratings Services' simulated default scenario contemplates a default in 2016, stemming from expansion efforts that fail to generate appropriate returns, or a sudden, sharp shift toward alternative film delivery methods. We believe that Regal would reorganize in the event of a default, in view of its attractive portfolio of multi-screen theaters in large market areas. (For Standard & Poor's recovery rating methodology, see "Criteria Guidelines For Recovery Ratings," published Aug. 10, 2009, on RatingsDirect.) Regal Cinemas Corp.'s debt capitalization includes an $85 million senior secured revolving credit facility, a $1,006 million term loan, and $400...

Companies mentioned in this report are: Regal Cinemas Corp.,Regal Entertainment Group

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users READ MORE >

Regal Cinemas Corp.,Regal Entertainment Group

Note: Product cover images may vary from those shown

RELATED PRODUCTS