July 15, 2020

Cineplex Inc. Convertible Debenture Offering

Goodmans LLP acted for Cineplex Inc. ("Cineplex" or the "Company") (TSX: CGX) in connection with its marketed public offering (the "Offering") of convertible unsecured subordinated debentures (the "Debentures"), for aggregate gross proceeds of $275 million.

The Company has granted the Underwriters an over-allotment option to purchase up to an additional 15% of the Debentures to be sold pursuant to the Offering (the "Over-Allotment Option").

The Offering is being made through a syndicate of underwriters led by Scotiabank and including BMO Capital Markets, RBC Capital Markets, CIBC Capital Markets, National Bank Financial Inc. and TD Securities Inc.

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