AMC Networks Inc. has announced the pricing of a private offering of $400 million in senior secured notes due 2032, carrying an interest rate of 10.50%. These notes will be guaranteed by AMC Networks' existing and future domestic subsidiaries, with certain exceptions, on a senior secured basis. The company plans to use the net proceeds from this offering, along with available cash, to fund its tender offer for up to $450 million of its outstanding 4.25% Senior Notes due 2029, cover related expenses, and address other corporate debt.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AMC Networks Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9471195-en) on June 19, 2025, and is solely responsible for the information contained therein.