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AMC Entertainment To Raise $500 Million To Refinance Debt

AMC Entertainment To Raise $500 Million To Refinance Debt

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Giant theater chain AMC Entertainment said it’s selling $500 million in bonds to pay down maturing debt and related fees, costs premiums and expenses. The senior secured notes, which carry an interest rate of 10.5%, will be used pay down debt maturing in 2025. AMC’s refinancing was expected. In early Jan., CEO Adam Aron said…

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