AMC Theatres Restructures $2.45 Billion in Debt, Extends Maturities
The cinema giant secures financial flexibility with new terms pushing debt deadlines to 2029 and beyond.
- AMC's refinancing extends $1.6 billion of 2026 debt to 2029 and 2030.
- The company plans to repurchase up to $800 million in additional debt.
- AMC transferred leases of 175 theaters to a new subsidiary as part of the deal.
- CEO Adam Aron expresses confidence in a strong industry recovery.
- Box office performance is improving after a challenging start to 2024.