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
Justin Sun Expects a Drop in Bitcoin — Details of the One-Hour Meeting Have Emerged
From "selling subscriptions" to "selling results": Adobe (ADBE.US) experiments with weekly billing for Acrobat, BTIG says growth sustainability remains to be verified
At the MAX conference held last week, Adobe unveiled new Agentic AI tools and previewed the upcoming local MCP (Model Context Protocol) integration. This feature will allow creators to directly access third-party agents within Photoshop, Illustrator, Premiere, and After Effects.
AI investment boom leads to job growth only at construction sites
Crypto prices
More
