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Cirque Du Soleil Explores Options Including Bankruptcy: Rtrs

March 26, 2020, 5:22 PM

Cirque du Soleil Entertainment Group is exploring debt restructuring options that include a potential bankruptcy filing, Reuters reported, citing people familiar.

  • Company is working with restructuring advisers to address cash crunch and debt of about $900m; creditors are also in talks with advisers
  • Cirque du Soleil has not yet decided how to address finances; the company declined to comment, Reuters said
  • NOTE: March 19, Cirque Du Soleil Entertainment Cuts 95% Staff as Shows Closed

To contact the reporter on this story:
Nathan Crooks in Miami at ncrooks@bloomberg.net

To contact the editor responsible for this story:
Polina Noskova at pnoskova@bloomberg.net

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