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National Cinemedia Secures New $45 Million Loan Agreement

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National Cinemedia Secures New $45 Million Loan Agreement

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National Cinemedia ( (NCMI) ) has provided an announcement.

On January 24, 2025, National CineMedia, LLC entered into a $45 million Loan and Security Agreement with U.S. Bank National Association, replacing its previous $55 million credit facility. This new agreement aims to reduce interest expenses, extend maturity, and provide a cash flow-based revolving loan. It includes customary covenants and financial requirements, with funds to be used for general corporate purposes.

More about National Cinemedia

YTD Price Performance: 4.39%

Average Trading Volume: 594,575

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $654.9M

For an in-depth examination of NCMI stock, go to TipRanks’ Stock Analysis page.

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