debt
confidence high
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materiality 0.65
AMC amends indenture; allows $150M ATM from Feb 2026, pays $6.25M consent fee in stock
AMC ENTERTAINMENT HOLDINGS, INC.
- Indenture amended to set exchange rate at 87.5% of Unadjusted Exchange Price for Muvico’s Senior Secured Exchangeable Notes due 2030.
- AMC may conduct ATM offerings for aggregate net proceeds up to $150M, but not before February 2, 2026.
- Consent fee of $6.25M to noteholders, payable in AMC common stock based on 60-day VWAP from Dec 22, 2025.
- Shares issued for consent fee and future exchanges are unregistered, exempt under Section 4(a)(2)/3(a)(9).