Loews Cineplex to back tender with new senior subordinated notes

St. Louis, Dec. 21 - Loews Cineplex Entertainment Corp. is contemplating the sale of new senior subordinated notes to help fund the tender for $315 million of its 9% senior subordinated notes due 2014, the company said in a news release Wednesday.

The tender, via dealer managers Credit Suisse First Boston, Citigroup and JP Morgan, is set to expire on Jan. 25.

No other details about the notes were disclosed in the news release, and a company spokesman declined to furnish any additional information when contacted late Wednesday by Prospect News.

Loews Cineplex Entertainment is a New York City-based movie theater chain.

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