AMC Entertainment calls $373.5 million notes from three series

By William Gullotti

Buffalo, N.Y., Feb. 4 – AMC Entertainment Holdings, Inc. said it issued conditional redemption notices for two series of 10˝% first-lien senior secured notes due 2026 and its 15% cash/17% PIK toggle first-lien secured notes due 2026, according to a press release on Friday.

The Feb. 14 redemption, for a total of $373.5 million across all three series, takes place concurrently with the company’s previously reported redemption of its $500 million 10˝% senior secured first-lien notes due 2025.

The redemptions will be conditioned upon, among other requirements, the consummation of the company’s $950 million private placement of 7˝% first-lien senior secured notes due 2029.

AMC is a New York-based entertainment company.

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