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Published on 6/14/2016 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

AMC Networks calls remaining 7¾% notes due 2021 for redemption

New York, June 14 – AMC Networks Inc. said it will redeem the $45,551,000 of its 7¾% senior notes due July 15, 2021 that are still outstanding.

The debt will be repaid on July 15 at 103.875% of par plus accrued interest, according to a notice from the company.

AMC Networks previously carried out a tender offer for the notes, buying $654 million in the offer, which ended on March 29.

The purchase price in the tender was 105.857% of par.

AMC is a New York-based owner and operator of brands in cable television.


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