AMC prices USD 850 million first-lien term loan at SOFR+4.50%
Bitget2026/09/24 10:02- AMC priced USD 850 million of first lien term loans under a new 1L term loan facility, expected to close around Oct. 5, 2026.
- Loans bear interest at SOFR + 4.50% with a 1.50% original issue discount.
- Financing package also includes USD 2 billion of 8.875% first lien notes due 2031, alongside a previously announced USD 1.12 billion second lien term loan.
- Proceeds target refinancing moves, including a tender for 7.500% Senior Secured Notes due 2029 and repayment of existing term loan facilities.
- New debt and guarantees sit on a senior secured basis, backed by certain wholly owned subsidiaries including Muvico and Odeon Cinemas Group.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Kroger (KR.US) faces the largest layoffs in 143 years: cutting one-third of positions, more than 3,000 employees to be let go
Kroger has laid off 3,000 employees, accounting for more than one-third of its total workforce, marking the largest layoff in its 143-year history. The resources saved will be redirected towards price reductions and frontline operations.
RBA Minutes: Case for rates to act promptly to keep inflation expectations anchored
IMF warning: AI reshapes 40% of jobs, youth employment declines
Georgieva stated in Bangkok that although AI is boosting global growth to 3%, it will impact 40% of jobs, exacerbate the wealth gap and fiscal pressures, and pose serious challenges for youth employment.
Crypto prices
More
