S&P: AMC Entertainment loans BB-

Standard & Poor's said it affirmed all ratings on AMC Entertainment Inc., including the B corporate credit rating on AMC Entertainment Holdings Inc.

The outlook is stable.

At the same time, S&P assigned AMC Entertainment Inc.'s proposed $775 million term loan due 2020 and $150 million revolving credit facility due 2018 a BB- issue-level rating (two notches higher than the B corporate credit rating on holding company AMC Entertainment Holdings Inc.), with a recovery rating of 1.

The transaction extends maturities of the company's senior secured debt (by about two to three years, depending on the facility) and will not affect credit metrics, the agency said.

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