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Studio Movie Grill Prepares for Debt-Equity Swap With Lenders

Movie Theater Chain Still Hopeful a Buyer Might Emerge
A Studio Movie Grill location in Dallas. (Getty Images)
A Studio Movie Grill location in Dallas. (Getty Images)
CoStar News
February 18, 2021 | 12:50 AM

Studio Movie Grill, the first high-profile cinema operator to file for Chapter 11 bankruptcy protection in the pandemic, reached a deal with some of its creditors and lenders as it works to reorganize before it runs out of operating capital.

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