This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Regal Entertainment Group Announces Early Tender Results

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 any and all of the 9 1/ 8% Senior Notes due 2018 of the Company listed in the table below and any and all of the 8 5/ 8% 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”).

The table below sets forth the aggregate principal amount and percentage of Notes validly tendered and not validly withdrawn as of the previously announced early tender date and time of 5:00 p.m., New York City time, on March 10, 2014 (the “Early Tender Date”).

           
Title of Security and CUSIP Numbers     Outstanding Principal Amount     Principal Amount Tendered     Percent of Outstanding Principal Amount Tendered
9 1/ 8% Senior Notes due 2018 of Regal Entertainment Group

(CUSIP No. 758766AE9; ISIN No. US758766AE92)

    $311,362,000     $222,270,000     71.4%
8 5/ 8% Senior Notes due 2019 of Regal Cinemas Corporation

(CUSIP No. 758753AD9; ISIN No. US758753AD98)

    $400,000,000     $355,815,000     89.0%
 

The Offers are subject to the terms and conditions, including a Financing Condition, described in the Offer to Purchase, dated February 25, 2014 (the “Offer to Purchase”), and related Letter of Transmittal (together with the Offer to Purchase, the “Offer Documents”), relating to the Offers. Subject to the terms and conditions of the Offers, the Company expects that it will accept for purchase all Notes validly tendered and not validly withdrawn at or prior to the Early Tender Date and settle such Notes on March 11, 2014.

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs