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AMC Entertainment Holdings, Inc. Announces Cash Tender Offer for 7.500% Senior Secured Notes Due 2029

AMC
  • AMC Entertainment Holdings has initiated a cash tender offer to purchase all outstanding 7.500% Senior Secured Notes due 2029.
  • The purchase price is set at $1,009.70 per $1,000 of principal, plus accrued interest from the last payment date up to the initial payment date.
  • The total principal amount outstanding for the Notes is $359,964,500.
  • The Tender Offer expires at 5:00 p.m. New York City time on September 30, 2026, unless extended or terminated earlier.
  • Settlement for accepted Notes is expected to occur on October 5, 2026.
  • The offer is conditional upon the company completing debt financing transactions, including a New Notes Offering, resulting in at least $3,970 million in gross proceeds.
  • The company intends to call for redemption on or about February 15, 2027, for any Notes not tendered, at 100.000% of principal plus accrued interest.
  • Investors who validly tender Notes may receive preference in the allocation of new notes in the upcoming New Notes Offering, though no allocation is guaranteed.
  • Wells Fargo Securities LLC and Deutsche Bank Securities Inc. are serving as Dealer Managers for the transaction.
  • The Tender Offer is not conditioned upon a minimum amount of Notes being tendered by holders.
  • Funding for the purchase price, fees, expenses, and potential redemptions will come from net proceeds of debt financing transactions and cash on hand.