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Market Chatter: AMC Entertainment Creditor Group Proposes Pushing Back 2026 Debt Maturity
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Market Chatter: AMC Entertainment Creditor Group Proposes Pushing Back 2026 Debt Maturity
Apr 25, 2024 12:34 PM

03:25 PM EDT, 04/25/2024 (MT Newswires) -- AMC Entertainment Holdings ( AMC ) faces a creditor group proposal to push back near-term debt maturity loans to beyond 2026, Bloomberg reported Thursday, citing people familiar with the matter.

The company is due to repay $2.8 billion in 2026, including a $1.9 billion term loan in April of that year and $969 million in second-lien notes in June, Bloomberg reported.

AMC Entertainment ( AMC ) declined to comment, Bloomberg said.

The company didn't immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 3.25, Change: -0.03, Percent Change: -0.91

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