Âé¶¹Ö±²¥ Advises The Marcus Corporation in Private Offering of Senior Notes and Repurchase of Convertible Senior Notes
Âé¶¹Ö±²¥ & Lardner LLP served as legal advisor to The Marcus Corporation (NYSE: MCS) in its private placement offering of $100 million aggregate principal amount of senior notes and repurchases and retirement of $86.4 million of aggregate principal amount of senior convertible notes.
The refinancing transactions extended debt maturities and mark a significant step in simplifying The Marcus Corporation’s capital structure.
Headquartered in Milwaukee, The Marcus Corporation is a leader in the lodging and entertainment industries, with significant company-owned real estate assets. The Marcus Corporation’s theatre division, Marcus Theatres®, is the fourth largest theatre circuit in the U.S. and currently owns or operates 995 screens at 79 locations in 17 states under the Marcus Theatres, Movie Tavern® by Marcus, and BistroPlex® brands. The company’s lodging division, Marcus® Hotels & Resorts, owns and/or manages 16 hotels, resorts, and other properties in eight states.
The Âé¶¹Ö±²¥ team was led by partners Steven Barth, Garrett Bishop, and Louis Wahl IV and included senior counsel Brett Bellmore and associates Austin Kissinger and Blaine Fix.