AMC Entertainment Holdings, Inc. Announces Senior Secured Notes Offering and Proposed Redemption of Existing Senior Secured Notes

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Feb 02, 2022

AMC Entertainment Holdings, Inc. (NYSE: AMC) (the “Company,” or “AMC”), announced today that it has commenced an offering of $500.0 million aggregate principal amount of first lien senior secured notes due 2029 (the “Notes”) in a private offering (the “Offering”), subject to market and other conditions. The Notes will be guaranteed on a senior secured basis by each of the Company’s subsidiaries that guarantees indebtedness under the Company’s senior secured credit facilities and existing senior secured notes. The Company intends to use the net proceeds from the sale of the Notes, and cash on hand, to fund the Redemption (as defined below) and to pay related fees, costs, premiums and expenses.