Regal Entertainment Group (RGC.N)
(The following statement was released by the rating agency) NEW YORK, June 16 (Fitch) Fitch Ratings has affirmed the Issuer Default Ratings (IDRs) of Regal Entertainment Group (Regal) and Regal Cinemas Corporation (Regal Cinemas) at 'B+'. All other issue ratings have been affirmed. The Rating Outlook remains Stable. A full list of rating actions follows at the end of this release. KEY RATING DRIVERS Regal's ratings reflect Fitch's belief that movie exhibition will continue to be a key promo
June 2 Movie theater chain Cinemark Holdings Inc said it had received formal inquiries from the U.S. Department of Justice related to an antitrust probe, a day after larger cinema operators Regal Entertainment Group and AMC Entertainment Holdings received similar notices.