Perspective
15 August 2014
EDC provides Mexico’s Cinépolis with $11million loan
Region:
Americas
Export Development Canada (EDC), the Canadian export credit agency (ECA), is providing $11million worth financing for Mexican theatre operator Cinépolis Group. The move comes as part of a wider attempt by the group to take advantage of the growing Latin American movie market, which has seen an 80% increase in box office revenues between 2009-2013.
