AMC Entertainment completes $3.97 billion refinancing, extending debt to 2031 and 2033

On October 5, 2026, AMC Entertainment completed a refinancing of $3.97 billion of its existing debt. The transactions included a private offering of notes and two new term loan facilities, which together replaced existing borrowings.

The new first lien term loans total $850 million and mature October 5, 2031. The new second lien term loans total $1.12 billion, bear a fixed 11.25% interest rate and mature October 5, 2033. Deutsche Bank Special Situations Group is the second lien lender.

The company repaid its existing term loan facility in full, and Odeon Finco PLC, a wholly-owned indirect subsidiary, repaid its term loan facility in full. On the same date, the company settled a tender offer under which $355,515,000 aggregate principal amount of its 7.500% Senior Secured Notes due 2029, approximately 98.8% of the amount outstanding, was validly tendered. Muvico redeemed its $903.4 million Senior Secured Notes due 2029 with a make-whole premium of $144.3 million.

The company said the notes not tendered will be redeemed on or about February 15, 2027, at 100% of principal plus accrued and unpaid interest. Chairman and CEO Adam Aron said the completed refinancing covers approximately 97% of the company's debt and extends almost all of its debt maturities to 2031 and 2033.