Usa Britain Coronavirus Usa Britain

Cineworld secures cash bailout to weather coronavirus closures

Reading now: 645
www.nme.com

closures of its cinemas due to the coronavirus pandemic.The chain temporarily suspended its operations in the UK and US last month, shutting down all its theatres in the two countries and putting thousands of jobs at risk.However, a new financial agreement has been confirmed, meaning that the company has enough money to make it through 2021, pending on cinemas reopening by May (via The Guardian).The measures agreed with lenders include a £338 million debt facility, as well as a waiver on all covenants on payment of its debt until June 2022.

Additionally, it will allow an extension to 2024 on its £83 million revolving credit facility, and will get a tax refund of £150 million by accelerating the closing of its US tax year.The company has.

Read more on nme.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

Washington Commanders Deshazor Everett charged with involuntary manslaughter after car crash kills girlfriend - fox29.com - Washington - city Washington - state Virginia - state Maryland - county Loudoun
fox29.com
53%
692
Washington Commanders Deshazor Everett charged with involuntary manslaughter after car crash kills girlfriend
LOUDOUN COUNTY, Va. - Washington Commanders safety Deshazor Everett has been charged with involuntary manslaughter for the fatal car crash that took the life of his girlfriend Olivia Peters. According to the Loudoun County Sheriff’s Office, Everett was charged after investigators determined he was driving over 90 mph just before the crash. Authorities say Everett, 29, turned himself into the Louduon County Adult Detention Center Tuesday afternoon. RELATED: Washington Football Team player discharged from hospital after car crash that killed Maryland womanBoth Everett and Peters were traveling north on Gum Spring Road near Ticonderoga Road in a 2010 Nissan GT-R the night of the crash in December 2021. Loudoun County Sherrif's Office said the vehicle the couple was in veered off the right side of the roadway, struck several trees, and rolled over.  Peters was taken to StoneSprings Hospital where she died from her injuries. Everett was taken to Reston Hospital Center and treated for serious but non-life-threatening injuries. Everett posted a $10,000 secured bond and has been released from custody. He is due in court on March 1. Kaveh Noorishad, Everett's attorney, released the following statement to FOX 5 regarding the matter: Advertisement"Mr.
DMCA