Loading...
Market
What will be AMC Entertainment's box office revenue by December 31, 2024?
3
Resolution / Starting Odds
Above $3 billion • 25%
Between $2 billion and $3 billion • 25%
Between $1 billion and $2 billion • 25%
Below $1 billion • 25%
AMC Entertainment financial statements or official press releases
Story
AMC Entertainment Restructures $2.45 Billion Debt, Stock Halted
Jul 22, 2024, 05:51 PM
AMC Entertainment Holdings has reached an agreement with creditors to restructure its debt load. The deal involves moving US theaters into a different unit of the company and extends up to $2.45 billion of debt maturities from 2026 to 2029 and beyond. As part of the refinancing transactions, AMC will issue $1.2 billion in new secured term loans due 2029 and $414 million in exchangeable notes. The company also has the potential to reduce its debt by $464 million through equity conversion. Additionally, AMC aims to extend the maturity of approximately $1.6 billion of debt. This move aims to provide significant financial runway for AMC amid box office challenges. AMC stock is currently halted.
View original story
Similar markets
Yes • 50%
No • 50%
Less than $200M • 25%
$200M - $300M • 25%
$300M - $400M • 25%
More than $400M • 25%
Less than $400M • 25%
$400M to $500M • 25%
$500M to $600M • 25%
More than $600M • 25%
Increase by less than 10% • 25%
Increase by 10% to 20% • 25%
Increase by more than 20% • 25%
Decrease • 25%
Under $200M • 25%
$200M to $300M • 25%
$300M to $400M • 25%
Over $400M • 25%
Less than 2 billion yuan • 25%
2 to 3 billion yuan • 25%
3 to 4 billion yuan • 25%
More than 4 billion yuan • 25%
Under $200 million • 33%
$200 million to $300 million • 33%
Over $300 million • 33%
Less than $300 million • 25%
$300 million to $400 million • 25%
$400 million to $500 million • 25%
More than $500 million • 25%
Less than $1.7 billion • 25%
$1.7 billion to $1.8 billion • 25%
$1.8 billion to $1.9 billion • 25%
More than $1.9 billion • 25%
Less than $200 million • 25%
$200 million to $300 million • 25%
$300 million to $400 million • 25%
More than $400 million • 25%
The Marvels • 25%
Dune: Part Two • 25%
Avatar 3 • 25%
Other • 25%
Less than $30 billion • 25%
$30 billion to $32 billion • 25%
$32 billion to $34 billion • 25%
More than $34 billion • 25%