---
schema_version: "secwatch.filing_event.v1"
accession: "0001514991-23-000017"
form_type: "8-K"
ticker: "AMCX"
cik: "0001514991"
company_name: "AMC Global Media Inc."
filed_at: "2023-04-24T23:59:59+00:00"
generated_at: "2026-06-16T18:50:27.224896+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Revolving credit commitments cut from $500M to $400M, a 20% reduction.
- Interest rate benchmark changed from LIBOR to SOFR for all borrowings.
- Incremental debt basket increased to greater of $1.2B or amount keeping senior secured leverage ratio ≤3.00x.
- All existing collateral and guarantees reaffirmed; no default occurred before or after amendment.

## SEC filing metadata
- accession: 0001514991-23-000017
- form_type: 8-K
- ticker: AMCX
- cik: 0001514991
- company_name: AMC Global Media Inc.
- filed_at: 2023-04-24T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1514991/000151499123000017/0001514991-23-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1514991/000151499123000017/amcx-20230419.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001514991-23-000017
- JSON: https://secwatch.observer/filing/0001514991-23-000017.json
- Plain text: https://secwatch.observer/filing/0001514991-23-000017.txt

## Key facts
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1514991/000151499123000017/0001514991-23-000017-index.htm

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