Feb. 27 at 12:35 AM
$AMC
Is the hedgefund-hired bot begging seeming more and more desperate, or is it just me.
😂 👏
AMC's total estimated annual interest savings:
$50-100M+ yearly, improving cash flow significantly over 2026-2031.
AMC's refinancing extends
$2.48B of debt to 2031 via
$1.73B first-lien notes and
$750M term loan, replacing
$400M Odeon notes of 12.75% due 2027 and
$2B term loan due 2029.
Much lower rates, as CFO Sean Goodman noted, will "reduce debt servicing costs" and simplify structure.
This lowers annual interest by tens of millions (e.g., saving ~
$20M+ from Odeon alone at prior 12.75%), over the next
5 years cash flow is substantially boosted.
