Reported about 1 year ago
AMC Entertainment Holdings Inc. is engaged in confidential discussions with lenders to reduce its debt and extend short-term maturities, aiming to address a debt load of about $4.5 billion with over $2.8 billion in maturities due in 2026. AMC has previously used strategies such as stock swaps to manage its debt amidst challenges in the movie theater industry, with ongoing negotiations and a focus on refinancing to potentially improve its financial position.
Source: YAHOO