November 24, 2014 4:47 PM ET

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Company Overview of Regal Entertainment Holdings Inc.

Company Overview

Regal Entertainment Holdings Inc. through its subsidiary operates as a movie theater. The company was incorporated in 2002 and is based in Knoxville, Tennessee. Regal Entertainment Holdings Inc. operates as a subsidiary of Regal Entertainment Group.

7132 Regal Lane

Knoxville, TN 37918

United States

Founded in 2002

Key Executives for Regal Entertainment Holdings Inc.

Chief Executive Officer and Director
Age: 60
President
Age: 54
Executive Vice President
Age: 47
Compensation as of Fiscal Year 2014.

Regal Entertainment Holdings Inc. Key Developments

Regal Cinemas Corporation, Regal Entertainment Group and Regal Entertainment Holdings Inc. Enter into Loan Modification Agreement Amends Sixth Amended and Restated Credit Agreement

On May 28, 2013, Regal Cinemas Corporation (Regal Cinemas), a wholly owned subsidiary of Regal Entertainment Group (REG), REG, Regal Entertainment Holdings Inc. and the other affiliates of Regal Cinemas party thereto as guarantors entered into a Loan Modification Agreement with Credit Suisse AG, Cayman Islands Branch, as Administrative Agent and the revolving lenders party thereto (Loan Modification Agreement). The Loan Modification Agreement amends that Sixth Amended and Restated Credit Agreement, as previously amended, dated April 19, 2013, among Regal Cinemas, REG, Regal Entertainment Holdings Inc., the other affiliates of Regal Cinemas party thereto as guarantors, Credit Suisse AG, Cayman Islands Branch and the lenders party thereto (Credit Agreement). The Credit Agreement provides, among other things, for senior secured credit facilities consisting of term loans with an original principal balance of $1,006 million and a revolving credit facility (Revolving Facility) of up to $85 million. The Loan Modification Agreement amends the Credit Agreement by reducing the interest rate on the Revolving Facility by 1.00%. Specifically, the Loan Modification Agreement provides that, depending on the consolidated leverage ratio of Regal Cinemas and its subsidiaries, the applicable margin under the Revolving Facility for base rate loans will be either 1.50% or 1.75% and the applicable margin under the Revolving Facility for LIBOR rate loans will be either 2.50% or 2.75%. The Loan Modification Agreement also amends the Credit Agreement to extend the maturity date of the Revolving Facility from May 19, 2015 to May 19, 2017.

Regal Cinemas Corporation, Regal Entertainment Group and Regal Entertainment Holdings Inc. Enter into Amendment to the Sixth Amended and Restated Credit Agreement

On April 19, 2013, Regal Cinemas Corporation, a wholly owned subsidiary of Regal Entertainment Group (REG), REG, Regal Entertainment Holdings Inc. and the other affiliates of Regal Cinemas party thereto, as guarantors, entered into an amendment (the Second Amendment) to the Sixth Amended and Restated Credit Agreement, dated May 19, 2010, as amended (the Credit Agreement), with Credit Suisse AG, Cayman Islands Branch, as Administrative Agent and the lenders party thereto. The Credit Agreement provides, among other things, for senior secured credit facilities consisting of term loans with an original principal balance of $1,006 million (the Term Facility) and a revolving credit facility (the Revolving Facility) of up to $85 million (the Revolving Commitment). The Second Amendment amends the Credit Agreement by reducing the interest rate on the Term Facility by 0.50%. Specifically, the Second Amendment provides that, depending on the consolidated leverage ratio of Regal Cinemas and its subsidiaries, the applicable margin under the Term Facility for base rate loans will be either 1.50% or 1.75% and the applicable margin under the Term Facility for LIBOR rate loans will be either 2.50% or 2.75%. Among other things, the Second Amendment also amends the Credit Agreement by deleting the interest coverage ratio test and providing that the remaining financial covenants will only be tested if the outstanding amount of the revolving loans and letters of credit (including unreimbursed drawings) under the Revolving Facility equals or exceeds 25% of the Revolving Commitment, by providing for a 1% prepayment premium applicable in the event that Regal Cinemas enters into a refinancing or amendment of the Term Facility on or prior to the first anniversary of the Second Amendment Date that, in either case, has the effect of reducing the interest rate on the Term Facility, to permit the release of REG from its guarantee of the obligations under the Credit Agreement in the event that it does not guarantee any other debt of Regal Cinemas or its subsidiaries, and by eliminating the mortgage requirement for fee-owned real properties that are acquired by Regal Cinemas or its subsidiaries after the Second Amendment Date. Except as amended by the Second Amendment, the remaining terms of the Credit Agreement remain in full force and effect.

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