National CineMedia Lenders Tap Banker Amid Murky Theater Outlook

A group of National CineMedia Inc.’s creditors have hired Centerview Partners to explore options as some debt maturities are fast approaching and the outlook for theaters remains cloudy, according to people with knowledge of the situation.

Gibson Dunn & Crutcher has been providing legal advice to the group of lenders which mainly consists of term loan holders and also includes some secured bondholders, said the people, who asked not to be identified because the matter is private.

Representatives at National CineMedia and Centerview declined to comment. Gibson Dunn didn’t respond to request for comment.

While National CineMedia has benefited ...