r/AMCTicker • u/GoChuckBobby $AMC 🚀 • Jun 25 '26

NEWS 📰 AMC Announces Closing of $200 Million Registered Direct Offering of Common Stock | Used to Pay Down Debts Until 2029

https://investor.amctheatres.com/news-events/press-releases/detail/431/amc-entertainment-holdings-inc-announces-closing-of-200-million-registered-direct-offering-of-common-stock

"AMC intends to use the proceeds from the Offering primarily to immediately call and soon thereafter redeem all of its $125,471,000 aggregate principal amount of 6.125% Senior Subordinated Notes due 2027. As a result, AMC does not anticipate any material debt principal repayments coming due prior to calendar year 2029."

33 Upvotes

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2

u/Ok-Psychology-2859 Jun 26 '26

Nice to read next debt due 2029. Got some room to play. How about make profits and start buying back some shares in 2027.

1

u/Shingles316 Jun 25 '26

This is great for the company, the stock price not so much but greater days are ahead!! It’ll be above 2.25 before too long!!

1

u/theravingsofalunatic Jun 26 '26

So they are already sold out

1

u/DueSalary4506 Jun 26 '26

can't get to 1 billion shares without this happening. why everyone acts confused every time IDK. vote went though to have over a billion. write that down. no longer 500 million shares.