Amc Entmt Hldgs Inc Stock Price, News & Analysis

AMC Theatres, in partnership with MTV Entertainment Studios and 101 Studios, is set to offer fans an exclusive preview of Yellowstone and Tulsa King on October 29. This event will occur at over 100 AMC locations, with tickets priced at $15 and available for purchase starting October 20. Attendees can participate in a costume contest and enjoy exclusive giveaways, including discounts for Yellowstone merchandise. Yellowstone returns on November 13 on Paramount Network.

Odeon Finco PLC has completed a private offering of $400 million in 12.75% senior secured notes due in 2027, issued at a price of 92%. The funds will repay OCGL's $506 million term loan as of June 30, 2022, resulting in a $106 million debt reduction for AMC. This extends the maturity of AMC's obligations from 2023 to 2027. The offering was available only to qualified institutional buyers. This strategic move aims to enhance AMC’s balance sheet and operational flexibility in recovering from pandemic impacts.

Fathom Events and Kondrat Media announce the theatrical release of the film PROPHET, portraying Cardinal Stefan Wyszyński, on November 15 and 17 in the U.S. The film highlights his role in countering communism in Poland and his influence on Pope John Paul II. This release marks the full feature directorial debut of Michal Kondrat, with Slawomir Grzymkowski in the lead role. PROPHET is part of Fathom's

National CineMedia (NCMI) and Spotlight Cinema Networks have announced a strategic collaboration called the Elevate Cinema Network. This partnership combines nearly 1,500 NCM screens with 1,200 Spotlight screens, expanding advertising access to a total of 2,700 premium screens. The network aims to target an upscale audience, significantly enhancing reach for advertisers in cinema advertising, which boasts high engagement rates. This collaboration is set to benefit exhibitors through increased revenue opportunities, enhancing the cinema advertising landscape.

Odeon Finco PLC has priced a private offering of $400 million in 12.750% senior secured notes due 2027 at an issue price of 92.00%. The proceeds will be used to repay OCGL's existing $506 million term loan facilities as of June 30, 2022. The offering is set to close around October 20, 2022, and the notes will be guaranteed by OCGL and some of its subsidiaries, as well as on an unsecured basis by AMC. The notes will not be registered under the Securities Act and are offered primarily to qualified institutional buyers.

Odeon Finco PLC has initiated a private offering of $400 million in senior secured notes due 2027, guaranteed by Odeon Cinemas Group Limited and AMC Entertainment Holdings, Inc. The funds will be used to repay existing loan facilities and cover associated expenses. These notes are targeted at qualified institutional buyers and will not be registered under the Securities Act. The offering aims to stabilize the company's financial position amidst a challenging market environment. The notes are expected to be listed on the International Stock Exchange.

AMC Theatres has entered its first agreement with Netflix to screen GLASS ONION: A KNIVES OUT MYSTERY from November 23-29. This event marks a significant collaboration, enabling the film to be shown at over 200 locations in the U.S. and in select Odeon cinemas across the UK, Ireland, Italy, Germany, and Spain. Tickets will be available starting October 10. AMC's CEO, Adam Aron, stated that this partnership reflects the coexistence of theaters and streaming services and hopes for future collaborations.