AMC Entertainment Holdings Inc. has successfully completed a series of debt refinancing transactions aimed at strengthening its financial position amid a robust box office recovery. The company raised approximately $244 million in new money financing to refinance debt maturing in 2026 and equitized $143 million of existing debt, with potential further equitization of up to $337 million. Additionally, AMC resolved litigation with holders of its 7.5% Senior Secured Notes due 2029, marking a significant step forward in its restructuring efforts. The transactions garnered support from approximately 90% of AMC's term loan lenders, underscoring confidence in the company's strategic direction. Chairman and CEO Adam Aron expressed optimism about AMC's future, highlighting plans for expanding its premium large format and extra-large screens globally and deploying advanced laser projection technology.
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