Wednesday, June 26, 2024 4:35:36 AM
AMC Cinema Lenders Pitch Debt Extension to Troubled Movie Chain
Reshmi Basu, Eliza Ronalds-Hannon, Thomas Buckley April 25, 2024
A lender group to AMC Entertainment Holdings Inc. advised by Gibson Dunn & Crutcher made a proposal to the movie theater company that would push back its near-term debt maturities, according to people familiar with the matter.
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https://news.bloomberglaw.com/bankruptcy-law/amc-cinema-lenders-pitch-debt-extension-to-troubled-movie-chain
AMC Stock: Why Lenders Are Meeting to Discuss AMC’s Debt
By Josh Enomoto Mar 25, 2024
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This past Friday, the company’s senior lenders held a call to discuss efforts to “bolster the company’s balance sheet,” according to insiders. Per a Bloomberg report, people familiar with the matter stated that AMC is weighing options on how to tackle its debt. The deliberations are “at an early stage and no final decision has been made.”
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https://investorplace.com/2024/03/amc-stock-why-lenders-are-meeting-to-discuss-amcs-debt/
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