AMC Networks (AMCX) Prices $125M Convertible Notes Offering

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Go back to AMC Networks (AMCX) Prices $125M Convertible Notes Offering

AMC Networks Inc. Announces Pricing of $125 Million Offering of Convertible Senior Notes

June 17, 2024 9:23 PM EDT

NEW YORK, June 17, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (Nasdaq: AMCX) (the Company or AMC Networks) today announced the pricing of $125 million aggregate principal amount of 4.25% convertible senior notes due 2029 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act). In connection with the offering of the notes, the Company has granted the initial purchasers an option to purchase, for settlement within a 13-day period beginning on, and including, the first day on which the notes are... More