Odeon Cinemas to start roadshow Tuesday for £475 million notes

By Paul A. Harris

Portland, Ore., May 9 - Odeon & UCI Cinemas Group will begin a brief roadshow on Tuesday for a £475 million offering of high-yield notes, according to a market source.

The roadshow wraps up on Friday.

Bank of America Merrill Lynch is leading the deal.

The England-based movie theater operator plans to use the proceeds to repay debt, to fund acquisitions and for general corporate purposes.

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