Regal Entertainment Group (“Regal” or the “Company”) (NYSE: RGC) today announced the early results for its previously announced tender offers (the “Offers”) to purchase for cash the 9.125% Senior Notes due 2018 of the Company listed in the table below and the 8.625% Senior Notes due 2019 of Regal Cinemas Corporation, a Delaware corporation and wholly-owned subsidiary of the Company, listed in the table below (collectively, the “Notes”), subject to an aggregate purchase price not to exceed $244,350,000 (the “Maximum Notes Purchase Price”).
As of the previously announced early tender date and time of 5:00 p.m., New York City time, on June 11, 2013, (the “Early Tender Date”), $807,599,000 aggregate principal amount of Notes had been validly tendered and not validly withdrawn. Withdrawal rights for the Notes expired at 5:00 p.m., New York City time, on June 11, 2013. The table below sets forth the aggregate principal amount and percentage of Notes validly tendered and not validly withdrawn by the Early Tender Date.
|Title of Security and CUSIP Numbers||Acceptance Priority Level||Outstanding Principal Amount||Principal Amount Tendered||Percent of Outstanding Principal Amount Tendered|
| 9.125% Senior Notes due 2018 of Regal Entertainment Group
(CUSIP No. 758766AE9; ISIN No. US758766AE92)
| 8.625% Senior Notes due 2019 of Regal Cinemas Corporation
(CUSIP No. 758753AD9; ISIN No. US758753AD98)
Because the aggregate consideration payable for validly tendered Notes exceeds the Maximum Notes Purchase Price, the Notes will be purchased in accordance with the acceptance priority levels set forth in the table above and will be subject to proration as described in the Offer to Purchase, dated May 29, 2013 (the “Offer to Purchase”), and related Letter of Transmittal (together with the Offer to Purchase, the “Offer Documents”), relating to the Offers. It is not anticipated that the Company will accept for purchase any Notes tendered after the Early Tender Date. The Notes not accepted for purchase will be promptly credited to the account of the registered holder of such Notes with The Depository Trust Company or otherwise returned in accordance with the Offer Documents. The Company expects to settle accepted Notes on June 13, 2013.
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