Regal completes new credit line

NEW YORK — Regal Cinemas Inc. completed a new $250 million credit line, expanding its existing $150 million debt facility, it said Thursday.

Regal recently sold $125 million in public debt and that, combined with the extra bank debt, “substantially enhances the company’s financial position and increases its flexibility,” Regal said in a statement.

The new credit line is with a syndicate of banks led by PNC Bank.

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