secwatch / observer
8-K filed April 24, 2023, 7:59 PM ET ticker AMCX CIK 0001514991
debt confidence high sentiment neutral materiality 0.60

AMC Networks reduces revolver to $400M, switches to SOFR, boosts incremental debt basket to $1.2B

AMC Global Media Inc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

AMC Global Media Inc. amended Amendment No. 2 with JPMorgan Chase Bank, N.A., as Administrative Agent and Collateral Agent, and the lenders party thereto (effective 2023-04-19).

Action
amendment
Agreement
credit facility
Counterparty
JPMorgan Chase Bank, N.A., as Administrative Agent and Collateral Agent, and the lenders party thereto
Effective
2023-04-19
Exact text from the filing
On April 19, 2023, AMC Networks Inc. (“AMC Networks”) entered into Amendment No. 2 (“Amendment No. 2”) to the Second Amended and Restated Credit Agreement, dated as of July 28, 2017, as amended by that certain Amendment No. 1 to the Second Amended and Restated Credit Agreement, dated as of February 8, 2021 (as amended by Amendment No. 2, the “Credit Agreement”), by and among AMC Networks and its subsidiary, AMC Network Entertainment LLC (“AMC Network Entertainment”), as the initial borrowers (the “Borrowers”), certain of AMC Networks’ subsidiaries, as restricted subsidiaries, the lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent and Collateral Agent.
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AMC Global Media Inc. filing history →

Source: SEC EDGAR
accession 0001514991-23-000017
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