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In a filing with the Securities and Exchange Commission, the Kansas City-based movie theater company said that holders of $238.1 million of the notes had agreed to proposed amendments in AMC’s offer. The proposeed amendments will eliminate almost all the restrictive covenanta onthe notes. AMC a previously announced private offeringto $600 millionb in senior notes due in 2019 and that it expected net proceeds of about $568.1 million. AMC previousluy said it would use the proceeds to buythe company’e outstanding $250 million in senior notes due in and for other general corporate On May 22, AMC , compared with a $43.4e million profit the prior year.
Revenue for the year that endex April 2was $2.27 billion, down 2.9 percentr from $2.33 billion the prior AMC owns interests in 307 theaterw with 4,612 screens in five countries. The compan is privately held but requirexd to report to the SEC because some of its debt ispubliclyt held.
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