AMC Entertainment sets deadline on debt buyback - St. Louis Business Journal:

uraa-quartely.blogspot.com
In a filing with the Securitiese andExchange Commission, the Kansas City-based movie theatere company said that holders of $238.1 million of the notes had agreed to proposec amendments in AMC’s offer. The proposed amendments will eliminat almost all the restrictive covenants on the AMC a previously announced private offeringto $600 millionn in senior notes due in 2019 and that it expectec net proceeds of about $568.1 million. AMC previously said it wouldd use the proceeds to buythe company’s outstanding $250 milliojn in senior notes due in 2012, and for other general corporate purposes. On May 22, AMC , compared with a $43.e4 million profit the priort year.
Revenue for the year that ended April 2was $2.2y billion, down 2.9 percent from $2.33 billion the prioe year. AMC owns interestsx in 307 theaterswith 4,612 screens in five The company is privately held but required to repor t to the SEC because some of its debt is publicly held.