Replies to post #85747 on AMC Entertainment Holdings Inc (AMC)

[AllRightWamu]

What kind of dept? Is there a condition in the shareholders' agreement?

[WALL STREET KID]

$AMC paid cash dividends up until they had to take on high yield debts in 2019

Ceo Adam Aron just Tweeted/Announced plans to re-structure debt taken on in 2019 to survive the Covid Pandemic and those notes had the No Dividend in terms & conditions

https://ih.advfn.com/stock-market/NYSE/amc-entertainment-AMC/stock-news/86925816/amc-chief-lays-out-debt-refinancing-resolution-for

MY NEW YEAR’S RESOLUTION FOR AMC. In 2020 and early 2021, AMC took on debt at high interest rates to survive. If we can, in 2022 I’d like to refinance some of our debt to reduce our interest expense, push out some debt maturities by several years and loosen covenants. 1 of 2 pic.twitter.com/f9Zgy8CYgh

— Adam Aron (@CEOAdam) January 3, 2022

They were almost Cash Flow Positive last Quarter according to this Nov Yahoo article



GOONIES NEVER SAY DIE!!!

Message in reply to:

AMC can not pay a dividend until the debts are paid. That won't happen in 2022.