RE: Moody's upgrades Cineworld's CFR to Caa2; appends limited default designation to PDR; assigns B3 to8 Dec 2020 00:43
Do you remember IDW saying only 1 lot of 200m was due to cineworld?
"In Q1 2021, Cineworld expects to receive USD200 million of one off tax cash receipt under the US CARES act where tax paid in earlier periods can be reimbursed based on the losses forecast for 2020. However, Moody's also recognizes that the Regal dissenting shareholder legal case could also result in an additional cash payment of USD202 million for Cineworld."