AIMCo and OMERS Poised to Lose Big on Vue International Debt Restructure
Posted on 07/20/2022
Vue International is the U.K.’s third largest cinema chain. Vue International is nearing a deal for a £1 billion debt refinancing, which will give its lenders ownership. Globally, cinemas struggled financially even before the COVID-19 pandemic, but the trend was vastly accelerated during the COVID-19 pandemic lockdowns. The debt restructuring could wipe out the massive…