Fri 03/26/2021 15:00 PM
Goldman Sachs today hosted an invite-only call with a group of prospective investors to gauge interest in an upsize of Cineworld Group plc’s recently announced $213 million convertible bond due 2025, according to sources.
The convertible bond,
announced yesterday, March 25, was provided by a group of investors including Centerbridge Partners and Sand Grove Capital Management, based on an inbound request they sent to the company, the sources added.
Cineworld declined to comment. Goldman Sachs, Sand Grove and Centerbridge did not immediately respond to requests for comment.
--Alexander Saeedy
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