AMC Drops Over 8% Following Debt Refinancing Plan
0:43
MSNBenzinga - Video
AMC Drops Over 8% Following Debt Refinancing Plan
AMC shares fell after the company announced a deal with creditors aimed at improving its balance sheet, according to Benzinga. The agreement includes support from holders of a majority of its 2029 and 2030 secured notes, as well as some term loan lenders. AMC will receive about $223.3 million in new financing to help refinance debt due in 2026 ...
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