February 24, 2021
Weil has advised Odeon Cinemas Group Limited and its subsidiaries on its entry into a new, approximately £400 million term loan facility agreement, which will enable it to refinance its existing revolving credit facility and provide further working capital.
Odeon Group is Europe’s largest cinema operator with more than 350 cinemas across the U.K. and Ireland, Spain, Italy, Sweden, Finland, Germany, Norway and Portugal. It forms part of the AMC Entertainment Group, one of the largest movie exhibition companies in the world.
Weil’s London team was led by Restructuring partners Neil Devaney, Mark Lawford and Matt Benson, and Banking & Finance partner Reena Gogna. They were assisted by Restructuring counsel Jenny Davidson and Lindsay Merritt; Restructuring associates Aziz Abdul, Wupya Nandap, Maeve Brady and Eilish Cassidy; Banking & Finance counsel Mae Morter and associates Michael McDonald and Jess Carty; and Tax partner Oliver Walker and associate Oliver Rosshandler.
Weil’s New York team was led by Restructuring partners Ray C. Schrock, P.C. and Candace Arthur, Banking & Finance partner Vynessa Nemunaitis and assisted by Restructuring associate Katherine Lewis and Banking & Finance associate Justina Chen.