DCIP Gets Additional Funding of $220 Million
Digital Cinema Implementation Partners has announced that it has closed on a new $220 million term loan facility that will be utilized to deploy digital projection systems. The new debt has been rated Baa1 by Moody's Investors Services. I'm thrilled to make this announcement today which underscores the success of our digital rollout over the past year says Rich Manzione CEO of DCIP. With this transaction we are one step closer to our goal of bringing digital projection technology and all of its benefits to movie-goers across North America.