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AMC Networks Announces Full Redemption of Outstanding 10.25% Senior Secured Notes due 2029

AMC Networks (Nasdaq: AMCX) announced it will fully redeem all outstanding 10.25% Senior Secured Notes due 2029 on April 6, 2026.

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AMC Networks (Nasdaq: AMCX) announced it will fully redeem all outstanding 10.25% Senior Secured Notes due 2029 on April 6, 2026.

The Notes will be redeemed at a price of 105.125% of principal plus accrued and unpaid interest to, but excluding, the Redemption Date. The company instructed U.S. Bank Trust Company to distribute the redemption notice on March 26, 2026; holders may call 1-(800)-934-6802 for details.

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Positive

  • Full redemption of 10.25% notes due 2029 scheduled for April 6, 2026
  • Eliminates outstanding secured notes bearing a 10.25% coupon

Negative

  • Redemption requires payment at 105.125% of principal plus accrued interest
  • Triggers a near-term cash outflow to redeem all outstanding 2029 notes
Argus Mar 26 session
-0.15% close to close Open Argus
Details

News Market Reaction – AMCX

On Mar 26, the day this news came out, AMCX closed 0.15% below the previous close.

Data tracked by StockTitan Argus for the Mar 26 session.

Market Context

This announcement details AMC Networks’ plan to redeem all outstanding 10.25% Senior Secured Notes d...
Analysis

This announcement details AMC Networks’ plan to redeem all outstanding 10.25% Senior Secured Notes due 2029 on April 6, 2026 at a redemption price of 105.125% of principal plus accrued interest. It follows months of exchange offers and consent solicitations aimed at reshaping the company’s debt profile. Investors may watch subsequent disclosures on overall leverage, interest costs, and cash generation to gauge the long-term impact of this liability-management strategy.

Key Figures

Coupon rate: 10.25% Redemption price: 105.125% Interest rate new notes: 10.50% +3 more
Coupon rate
10.25%
Senior Secured Notes due 2029 being fully redeemed
Redemption price
105.125%
Of principal amount of Notes being redeemed
Interest rate new notes
10.50%
Senior Secured Notes due 2032 from prior exchanges and amendments
Redemption date
April 6, 2026
Scheduled full redemption of 10.25% Senior Secured Notes due 2029
Redemption notice date
March 26, 2026
Date redemption notice distributed to noteholders
Trustee phone
1-(800)-934-6802
Contact for redemption procedure information

Historical Context

5 past events · Latest: Mar 06
5 events
  1. Mar 06

    2032 notes amendment

    24h Move
    -3.0%

    Reported expiration and results of consent solicitation for 2032 notes amendments.

  2. Mar 06

    2029 notes exchange

    24h Move
    -3.0%

    Disclosed early tender results for exchange offer of 10.25% 2029 notes.

  3. Feb 23

    Exchange offer launch

    24h Move
    -5.5%

    Announced offer to swap 10.25% 2029 notes for 10.50% 2032 notes.

  4. Feb 23

    Consent results 2032

    24h Move
    -5.5%

    Announced effectiveness of amendments to 2032 notes and extended solicitation.

  5. Feb 12

    Consent launch 2032

    24h Move
    -2.3%

    Launched consent solicitation to amend 10.50% senior secured notes due 2032.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

senior secured notes, cusip, redemption price, trustee, +1 more
5 terms
senior secured notes financial
"10.25% Senior Secured Notes due 2029 (CUSIP Nos. 00164V AG8..."
Senior secured notes are loans a company sells to investors that are backed by specific assets and given first priority for repayment if the company defaults. Because they have a claim on collateral and are paid before other debts, they usually offer lower risk and correspondingly lower interest than unsecured debt; investors use them to judge how safe repayment and recovery of principal might be, like holding a mortgage instead of an unsecured credit card balance.
cusip regulatory
"10.25% Senior Secured Notes due 2029 (CUSIP Nos. 00164V AG8..."
A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.
View in glossary
redemption price financial
"The Notes will be redeemed at a redemption price of 105.125%..."
The redemption price is the amount of money a person receives when they sell or redeem a bond or investment before it matures. It’s important because it determines how much you get back and can affect your overall profit or loss on the investment. Think of it like the price you get when returning a gift card early—it's the value you receive at that time.
trustee financial
"U.S. Bank Trust Company, National Association, as the trustee for the Notes..."
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
principal amount financial
"105.125% of the principal amount of the Notes being redeemed..."
The principal amount is the original sum of money that is borrowed, lent, or invested before any interest, fees, or returns are added. It matters to investors because interest charges, scheduled repayments, and total return are calculated from that base amount — think of it as the price tag on which future costs or gains are built. Knowing the principal helps you compare deals and predict cash flows and risk.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NEW YORK, March 26, 2026 (GLOBE NEWSWIRE) -- AMC Networks Inc. (Nasdaq: AMCX) (“AMC Networks” or the “Company”) announced today that it has given notice of redemption of all of its outstanding 10.25% Senior Secured Notes due 2029 (CUSIP Nos. 00164V AG8 (144A) / U02400 AB2 (Reg S)) (the “Notes”) on April 6, 2026 (the “Redemption Date”). The Notes will be redeemed at a redemption price of 105.125% of the principal amount of the Notes being redeemed plus accrued and unpaid interest to, but excluding, the Redemption Date (the “Redemption Price”).

AMC Networks has instructed U.S. Bank Trust Company, National Association, as the trustee for the Notes (the “Trustee”), to distribute a notice of redemption to all registered holders of the Notes on March 26, 2026. Copies of the notice of redemption and additional information relating to the procedure for the redemption of the Notes may be obtained from U.S. Bank Trust Company, National Association by calling 1-(800)-934-6802.

About AMC Networks Inc.

AMC Networks (Nasdaq: AMCX) is home to many of the greatest stories and characters in TV and film and the premier destination for passionate and engaged fan communities around the world. The Company creates and curates celebrated series and films across distinct brands and makes them available to audiences everywhere. Its portfolio includes targeted streaming services AMC+, Acorn TV, Shudder, Sundance Now, ALLBLK, HIDIVE and All Reality; cable networks AMC, BBC AMERICA (which includes U.S. distribution and sales responsibilities for BBC News), IFC, SundanceTV and We TV; and film distribution labels Independent Film Company and RLJE Films. The Company also operates AMC Studios, its in-house studio, production and distribution operation behind acclaimed and fan-favorite original franchises including The Walking Dead Universe and the Anne Rice Immortal Universe; and AMC Networks International, its international programming business.

This press release may contain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements concerning the timing and terms of the redemption of the Notes. These statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances. Investors are cautioned that any such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties and that actual results or developments may differ materially from those in the forward-looking statements as a result of various factors, including financial community and rating agency perceptions of the Company and its business, operations, financial condition and the industries in which it operates and the factors described in the Company’s filings with the Securities and Exchange Commission, including the sections titled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” contained therein. The Company disclaims any obligation to update any forward-looking statements contained herein.

Contacts:

Investor RelationsCorporate Communications
Nicholas SeibertGeorgia Juvelis
nicholas.seibert@amcnetworks.comgeorgia.juvelis@amcnetworks.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did AMC Networks (AMCX) announce about the 10.25% notes due 2029 on March 26, 2026?

AMC Networks will fully redeem all outstanding 10.25% Senior Secured Notes due 2029 on April 6, 2026. According to the company, the redemption price is 105.125% of principal plus accrued and unpaid interest to, but excluding, the Redemption Date.

What redemption price will AMC Networks (AMCX) pay to retire the 2029 notes?

AMC Networks will redeem the notes at a price of 105.125% of the principal amount being redeemed. According to the company, holders also receive accrued and unpaid interest to, but excluding, the Redemption Date.

When will holders receive the notice of redemption for AMCX 10.25% notes due 2029?

Holders were notified on March 26, 2026 that the redemption occurs April 6, 2026. According to the company, U.S. Bank Trust Company distributed the notice of redemption to all registered holders on March 26, 2026.

How can noteholders obtain the AMCX redemption notice and procedures for the April 6, 2026 redemption?

Noteholders can obtain the notice and redemption procedures from U.S. Bank Trust Company by calling 1-(800)-934-6802. According to the company, the trustee was instructed to distribute the notice to all registered holders on March 26, 2026.

Does the AMCX redemption remove the 10.25% secured notes from the capital structure?

Yes, the redemption will retire all outstanding 10.25% Senior Secured Notes due 2029 on April 6, 2026. According to the company, all outstanding notes are being called for full redemption at the stated price.

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