emery

@emery

Joined November 2007

37 Following

149 Followers

6 Posts

emery retweeted

11 months ago

We announced today that AMC Entertainment successfully extinguished an additional $40 million of debt, and that it cost us essentially nothing incrementally to do so. There was a clause in our July 2025 refinancing that contemplated this possibility, if certain things happened in August and September. They did happen as we hoped they would, and so this extra $40 million of debt went away. It is only about 1% of our long term debt, but every bit helps. A small step forward is still a step forward.

CEOAdam's tweet photo. We announced today that AMC Entertainment successfully extinguished an additional $40 million of debt, and that it cost us essentially nothing incrementally to do so.

There was a clause in our July 2025 refinancing that contemplated this possibility, if certain things happened in August and September. They did happen as we hoped they would, and so this extra $40 million of debt went away.

It is only about 1% of our long term debt, but every bit helps. A small step forward is still a step forward.

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