Kinepolis Group realizes a private placement of bonds for a total value of €225 million

| Financial

Kinepolis Group realizes a private placement of bonds for a total value of €225 million

5 July 2019

Kinepolis Group today successfully concluded a private placement of bonds amounting to €225 million with a term of 7.5 years. Any qualified investor or non-professional investor could sign in to this placement via a private banking network or via an intermediary person.

KBC was appointed as coordinator of the transaction. KBC, ING, BNP Paribas Fortis and Belfius jointly offered this placement on the market. 

The placement fits in with Kinepolis’ strategy to finance its investments on the long term and, as such, ensure cash flow matching. The proceeds will be used for the financing of a previous issue which was repaid last March, the financing of the recent acquisition of Spanish cinema group El Punt, the renovation of acquired complexes, the construction of new complexes, and for future acquisitions and ongoing investments in new experience concepts.

Contact

Kinepolis Press Office                                                    Kinepolis Investor Relations
+32 (0)9 241 00 16                                                       +32 (0)9 241 00 22
pressoffice@kinepolis.com                                             investor-relations@kinepolis.com

 

About Kinepolis

Kinepolis Group NV was formed in 1997 as a result of the merger of two family-run cinema groups and was listed on the stock exchange in 1998. Kinepolis offers an innovative cinema concept which serves as a pioneering model within the industry. In addition to its cinema business, the Group is also active in film distribution, event organization, screen publicity and property management.

In Europe, Kinepolis Group NV has 53 cinemas spread across Belgium, the Netherlands, France, Spain, Luxembourg, Switzerland and Poland. Since the acquisition of the Canadian movie theatre group 'Landmark Cinemas' in December 2017, Kinepolis also operates 44 cinemas in Canada.

In total, Kinepolis Group currently operates 97 cinemas (45 of which it owns) worldwide, with a total of 884 screens and more than 175,000 seats. Including the acquired Canadian organization, Kinepolis employs 3,800 people, all committed to giving millions of visitors an unforgettable movie experience.

More on KinepolisDownload

Contact

A. Van Troos,
Corporate
Communication Manager

Kinepolis Group nv
Schelde 1
Moutstraat 132-146
B - 9000 Gent

E: pressoffice@kinepolis.com
T: +32 9 241 00 16

Contact

Kinepolis Group NV
Schelde 1
Moutstraat 132-146
B-9000 Gent

+32 9 241 00 00