Connect with us

Entertainment

AMC Entertainment Holdings, Inc. Announces Private Placement of Senior Notes | Business, finance and technology

 


LEAWOOD, Kan .– (BUSINESS WIRE) – Apr 16, 2020–

AMC Entertainment Holdings, Inc. (NYSE: AMC) (AMC) announced today that it intends to offer, subject to market conditions and other conditions, $ 500 million principal amount of senior notes due in 2025 (the Notes) in a private placement that is exempt from the registration requirements of the Securities Act of 1933, as amended (the Securities Act).

AMC intends to use the net proceeds of this offer for general corporate purposes, including to further enhance AMC’s liquidity.

The confidential offering memorandum relating to the offering will contain certain additional information, including an update on the impact of the COVID-19 pandemic on the activities of AMCs and certain preliminary information regarding its liquidity position. You can access this additional disclosure by logging on to the Investor Relations page of the CMA Investor Relations website at http://www.investor.amctheatres.com/.

This press release will not constitute an offer to sell or the solicitation of an offer to purchase tickets or any other title, and there will be no sale of tickets or any other title in any state or another jurisdiction in which such an offer, solicitation or sale would be illegal prior to registration or qualification under the securities laws of such a state or other jurisdiction. The Notes and Related Guarantees are available only to persons reasonably considered to be Qualified Institutional Buyers based on the registration exemption provided for in Rule 144A under the Securities Act, and to non-US persons outside the United States. United on the basis of the exemption. the registration provided for in Regulation S under the Securities Act. The Notes and related collateral have not been registered under the Securities Act, or the securities laws of any state or other jurisdiction, and may not be offered or sold in the United States without applicable registration or exemption from the Securities Act and applicable state securities laws or blue sky and foreign securities laws.

Forward-looking statements

This press release contains forward-looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the use of words such as forecast, plan, estimate, will, plan, maintain, hear, expect, anticipate, prospect, strategy, future, likely, may, should, should, believe, opportunity, potential and other similar expressions that predict or indicate future or non-future events or trends statements of historical questions. These forward-looking statements include statements regarding AMC’s current expectations regarding the performance of its business, financial results, liquidity and capital resources, as well as the impact on its business and financial condition and the measures taken to respond to them. at COVID-19. viruses, and are based on information available at the time statements are made and / or management’s bona fide beliefs at that time regarding future events, and are subject to risks, trends, uncertainties and other facts that could cause actual performance or results should differ materially from those expressed or suggested by the forward-looking statements. These risks, trends, uncertainties and facts include, but are not limited to, the risks related to: the impact of the COVID-19 virus on Society, the film exhibition industry and the economy in general, including the company’s response to the COVID-19 Virus related to theater closings, staff reductions and other cost reduction measures and measures to maintain the necessary liquidity and increased spending related to precautionary measures in our facilities to protect health and the well-being of our customers and employees; the general volatility of the capital markets and the market price of the Company’s Class A common shares; production and performance of motion pictures; Lack of AMC control over film distributors; increased use of alternative methods of distributing films or other forms of entertainment; economic and political, regulatory and other risks, general and international, including risks related to the exit of the United Kingdom from the European Union or to generalized health emergencies, or to other pandemics or epidemics; the risks and uncertainties linked to the significant indebtedness of AMCs, including the borrowing capacity of AMCs under its revolving credit agreement; AMC’s ability to execute cost reduction and revenue raising initiatives, as noted above and as part of the response to COVID-19; limitations on the availability of capital; AMC’s ability to refinance its debt on favorable terms; availability of financing on favorable terms or not at all; risks related to impairment losses, including with regard to goodwill and other intangible assets, and theater costs and other closing costs; and other factors discussed in reports that the CMA has filed with the SEC. If one or more of these risks, trends, uncertainties or facts materialize, or if the underlying hypotheses prove to be incorrect, the actual results could differ significantly from those indicated or anticipated by the forward-looking statements contained in this document. Therefore, you are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they are made. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be precise indications of the times when or by which these performances or results will be achieved. For a detailed discussion of the risks, trends and uncertainties that AMC faces, see the section called Risk Factors in AMC Form 10-K for the year ended December 31, 2019 filed with the SEC, and the risks , trends and uncertainties identified in its other public deposits. AMC has no intention and does not assume any obligation to update the information contained in this document to reflect future events or circumstances, unless required by applicable law.

CONTACT: INVESTOR RELATIONS:

John Merriwether, 866-248-3872

Ryan Noonan, (913) 213-2183

KEYWORD: KANSAS UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: GENERAL ENTERTAINMENT ENTERTAINMENT MOVIE AND MOVEMENT IMAGES

SOURCE: AMC Entertainment Holdings, Inc.

Copyright Business Wire 2020.

PUB: 04/16/2020 7:14 p.m. / DISC: 04/16/2020 7:14 p.m.

Copyright Business Wire 2020.

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos



picture credit

ExBUlletin

to request, modification Contact us at Here or [email protected]