Foley Advises The Marcus Corporation in Private Offering of Senior Notes and Repurchase of Convertible Senior Notes

Foley & 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 Foley 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.