AMC Entertainment Holdings, Inc. has completed a series of refinancing transactions, raising approximately $3.97 billion in new capital to repay, redeem, and discharge several existing debt instruments. The transactions, which closed on October 5, 2026, involved the issuance of new senior secured notes and the entry into new first and second lien term loan credit agreements.
Key Details
- New Financing: The company secured a total of $3.97 billion through three primary arrangements:
- $2.0 billion in 8.875% First Lien Notes due 2031.
- $850.0 million in a new First Lien Term Loan Facility due 2031.
- $1.12 billion in a new 11.25% Second Lien Term Loan Facility due 2033.
- Use of Proceeds: The net proceeds were used to refinance existing debt, including:
- Full repayment of the company's Existing Term Loan Facility and the Odeon Term Loan Facility.
- Settlement of a cash tender offer for its 7.500% Senior Secured Notes due 2029, purchasing $355.5 million in principal amount.
- Full redemption of $903.4 million of Muvico's Senior Secured Notes due 2029, which included a $144.3 million make-whole premium.
- Transaction Date: All refinancing transactions were completed on October 5, 2026.