---
schema_version: "secwatch.filing_event.v1"
accession: "0000062234-24-000040"
form_type: "8-K"
ticker: "MCS"
cik: "0000062234"
company_name: "MARCUS CORP"
filed_at: "2024-07-15T23:59:59+00:00"
generated_at: "2026-05-31T20:52:45.370146+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Marcus Corp. closes $100M senior notes private placement, repurchases $86.4M convertible notes

## Summary
- Issued $60M in 6.89% senior notes due 2031 and $40M in 7.02% senior notes due 2034.
- Net proceeds used to repurchase $86.4M of 5.00% Convertible Senior Notes due 2025.
- Two repurchase tranches: $40M closed June 14; $46.4M closing ~July 16, 2024.
- Final cash cost of repurchases net of capped call unwind is $87.9M; $13.649M convertible notes remain outstanding.
- Refinancing extends maturities, simplifies capital structure, and eliminates potential dilution from convertibles.

## SEC filing metadata
- accession: 0000062234-24-000040
- form_type: 8-K
- ticker: MCS
- cik: 0000062234
- company_name: MARCUS CORP
- filed_at: 2024-07-15T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/62234/000006223424000040/0000062234-24-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/62234/000006223424000040/mcs-20240709.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000062234-24-000040
- JSON: https://secwatch.observer/filing/0000062234-24-000040.json
- Plain text: https://secwatch.observer/filing/0000062234-24-000040.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
