AMC Networks Announces Full Redemption of Outstanding 10.25% Senior Secured Notes due 2029
Rhea-AI Summary
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.
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
News Market Reaction – AMCX
In the Mar 26 session, AMCX declined 0.15%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Mar 06 | 2032 notes amendment | Neutral | -3.0% | Reported expiration and results of consent solicitation for 2032 notes amendments. |
| Mar 06 | 2029 notes exchange | Neutral | -3.0% | Disclosed early tender results for exchange offer of 10.25% 2029 notes. |
| Feb 23 | Exchange offer launch | Neutral | -5.5% | Announced offer to swap 10.25% 2029 notes for 10.50% 2032 notes. |
| Feb 23 | Consent results 2032 | Neutral | -5.5% | Announced effectiveness of amendments to 2032 notes and extended solicitation. |
| Feb 12 | Consent launch 2032 | Neutral | -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.
Recent capital structure and covenant actions have consistently seen negative next-day price reactions, suggesting investor caution around AMC’s debt-related moves.
Over the last few months, AMC Networks has focused heavily on managing its capital structure, particularly its 10.25% 2029 and 10.50% 2032 senior secured notes. Announcements on consent solicitations, exchange offers, and amended covenants in February–March 2026 all coincided with 2–6% single-day declines. Today’s full redemption notice for the remaining 2029 notes continues this sequence of liability-management steps, progressing from exchange and consent activity toward eliminating the old 2029 debt entirely.
Key Terms
senior secured notes financial
cusip regulatory
redemption price financial
trustee financial
principal amount financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
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 Relations | Corporate Communications |
| Nicholas Seibert | Georgia Juvelis |
| nicholas.seibert@amcnetworks.com | georgia.juvelis@amcnetworks.com |
