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Bullboard - Stock Discussion Forum
Cineplex Inc
T.CGX
Alternate Symbol(s):
CPXGF
|
T.CGX.DB.B
Consumer Cyclical
Leisure
Cineplex Inc. is a Canadian brand that operates in the film entertainment and content, amusement and leisure, and media sectors. The Company's segments include Film Entertainment and Content, Media, and Location-Based Entertainment. It offers over 170 movie theatres and location-based entertainment venues. In addition to being a film exhibitor, the Company operates Canada's destination for Eats...
& Entertainment (The Rec Room), complexes specially designed for teens and families (Playdium), and an entertainment concept that brings movies, amusement gaming, dining, and live performances together under one roof (Cineplex Junxion). It also operates businesses in digital commerce (CineplexStore.com), alternative programming (Cineplex Events), motion picture distribution (Cineplex Pictures), cinema media (Cineplex Media) and digital place-based media (Cineplex Digital Media). The Company is a partner in Scene+, Canada's entertainment and lifestyle loyalty program.
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TSX:CGX - Post Discussion
Cineplex Inc
> Cineplex Closes $250 Million Secured Note Financing
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•••
AwareInvestor
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Post by
AwareInvestor
on Feb 26, 2021 9:31am
Cineplex Closes $250 Million Secured Note Financing
Cineplex has closed its previously announced offering of 7.5% senior secured second lien notes. The company managed to raise gross proceeds of $250 million through the offering.
https://thedeepdive.ca/cineplex-closes-250-million-secured-note-financing/
(34)
•••
Schussing56
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Comment by
Schussing56
on Feb 26, 2021 3:48pm
Great to see that the lenders still have some confidence in Cineplex. Lots of theatres opening up again in Ontario today. Good news probably already priced into the stock, however. GLTA!
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