04:24 AM EDT, 06/18/2024 (MT Newswires) -- AMC Networks ( AMCX ) said late Monday it had priced its private offering of $125 million in 4.25% convertible senior notes due 2029.

The company also granted initial purchasers an option to buy an additional $18.75 million of the notes within 13 days of issuance.

AMC Networks ( AMCX ) plans to use the net proceeds from the offering, which is expected to close on June 21, for general corporate purposes, including debt repayment.

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