Recent Updates — AMC
AMC Entertainment Holdings completed a comprehensive refinancing of approximately $3.97 billion in existing debt on October 5, 2026. The transaction includes the issuance of $2,000 million aggregate principal amount of 8.875% First Lien Notes due 2031 and new term loan facilities totaling $1,970 million ($850 million first lien and $1,120 million second lien). Proceeds were used to settle a tender offer for $355.5 million of outstanding 7.500% Senior Secured Notes due 2029, redeem all $903.4 million of Muvico’s Senior Secured Notes due 2029, and repay existing term loan facilities. The refinancing extends debt maturities to 2031 and 2033 and simplifies the capital structure. AMC Entertainment Holdings operates as a global movie exhibition company.
At its annual meeting on September 24, 2026, AMC Entertainment stockholders failed to approve several governance amendments, including declassifying the board, eliminating written consent rights, and removing special meeting limitations. These proposals required a majority of outstanding shares for approval but fell short due to significant broker non-votes. The company also failed to secure an advisory vote on executive compensation, with 54.7% voting against it. Conversely, shareholders approved increasing the equity incentive plan share pool from 25 million to 50 million and ratified Ernst & Young as auditor. AMC Entertainment Holdings operates in the motion picture exhibition industry.
On September 23, 2026, AMC Entertainment Holdings, Inc. priced $2,000 million of 8.875% first lien notes due 2031 and $850 million of first lien term loans bearing interest at SOFR plus 4.50%. These transactions, combined with a previously announced $1,120 million second lien term loan facility, are expected to close around October 5, 2026. The net proceeds will fund a tender offer for the company's outstanding 7.500% Senior Secured Notes due 2029, redeem non-tendered notes on February 15, 2027, and fully repay Muvico’s $903.4 million Senior Secured Notes due 2029, existing term loans for the parent company and Odeon Finco PLC, along with related fees. This significant debt refinancing activity aims to strengthen the balance sheet of the world's largest movie exhibition company.
AMC Entertainment Holdings announced a private offering of $2 billion in first lien notes due 2031 and launched syndication for an $850 million first lien term loan facility. The company also entered into a commitment letter for a new $1,120 million second lien term loan facility with Deutsche Bank AG New York Branch at a fixed interest rate of 11.25% per annum. Proceeds will fund a cash tender offer for its outstanding 7.500% Senior Secured Notes due 2029 ($359,964,500 principal) at $1,009.70 per $1,000 of notes, with settlement expected October 5, 2026. The company intends to redeem any untendered notes on February 15, 2027, and fully redeem Muvico’s Senior Secured Notes due 2029 ($903.4 million principal). Additionally, proceeds will repay existing term loan facilities for the Company and Odeon Finco PLC. AMC Entertainment Holdings operates in the movie exhibition industry.
AMC Entertainment Holdings reported second quarter 2026 financial results, achieving record quarterly revenue of $1,596.7 million, a 14.2% increase year-over-year. Adjusted EBITDA rose 69.6% to $321.4 million, marking the highest quarterly level in the company's 106-year history. The company reported a net loss of $11.4 million for the quarter, compared to a $4.7 million loss in the prior year. For the first half of 2026, revenues reached $2,642.1 million, and Adjusted EBITDA was $359.7 million. Significant balance sheet actions included refinancing $400 million of debt and completing a $200 million registered direct offering. AMC operates in the movie exhibition industry, providing theatrical entertainment services.
AMC Entertainment Holdings, Inc. completed a registered direct offering and concurrently on June 24, 2026, delivered a notice of full redemption of its $125,471,000 aggregate principal amount of 6.125% Senior Subordinated Notes due 2027 at 100% of the principal amount plus accrued interest. AMC Entertainment Holdings, Inc. operates in the movie theater industry and provides film exhibition services.