E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 12/3/2010 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

S&P rates AMC loans BB-

Standard & Poor's said it assigned AMC Entertainment Holdings Inc.'s operating subsidiary AMC Entertainment Inc.'s proposed portion of its term loan B, with maturities extended to 2016 from 2013, a BB- issue-level rating with a 1 recovery rating, indicating the expectation of very high (90% to 100%) recovery for lenders in the event of a payment default.

The outlook is stable.

S&P said it also assigned AMC Entertainment Inc.'s proposed revolving credit facility due 2015 a BB- rating with a 1 recovery rating.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.