AMC Entertainment Friday announced a debt restructuring that it said would “prove highly beneficial to the company and its shareholders.” The deal will reduce the principal amount of its total debt liabilities, extend the maturities of a significant percentage of outstanding debt, reduce cash interest expenses, and boost its cash and liquidity position to help
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EXCLUSIVE: The nation’s largest theater chain AMC Entertainment is finalizing a deal with bondholders that would slash debt by up to $600 million, bring in $200 million in fresh cash and give it a lifeline into 2021, Deadline has learned. A $500 million bond sale in April as the coronavirus kicked the nation’s economy into