Form 424B7 AMC ENTERTAINMENT HOLDIN

Go back to Form 424B7 AMC ENTERTAINMENT HOLDIN

AMC Entertainment (AMC) provides update on potential share sales in connection with refinancing

July 22, 2024 2:35 PM EDT

On July 22, 2024, AMC Entertainment (NYSE: AMC) announced a significant refinancing of outstanding indebtedness. In connection therewith, the Company, Muvico, LLC, a Texas limited liability company (the Issuer), and certain wholly-owned subsidiaries of the Company consummated a series of refinancing transactions, pursuant to which, among other things, the Issuer issued $414,433,523 aggregate principal amount of 6.00%/8.00% Cash/PIK Toggle Senior Secured Exchangeable Notes due 2030 (the Exchangeable Notes) to the selling stockholders identified in the section entitled Selling Stockholders (each, including their pledgees, donees, transferees or other successors in interest, a selling stockholder and collectively, the selling stockholders). In addition, the... More

AMC Entertainment (AMC) Provides Update on Refinancing, Transfers 175 Theaters to Muvico

July 22, 2024 2:34 PM EDT

On July 22, 2024 AMC Entertainment (NYSE: AMC) completed a series of refinancing transactions (the Transactions) with two creditor groups to refinance and extend to 2029 and 2030 the maturities of approximately $1.6 billion of the Companys debt maturing in 2026. These arrangements provide for the potential additional refinancing of up to approximately $800 million of debt maturing in 2026 or earlier.

In connection with the refinancing:

· The Company and Muvico, LLC, a newly formed indirect wholly-owned subsidiary of the Company (Muvico), entered into that certain Credit Agreement (the New Term Loan Credit Agreement), by and among the Company and Muvico, each, as... More