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.
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
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.
Key Figures
- 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
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Reported expiration and results of consent solicitation for 2032 notes amendments.
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Disclosed early tender results for exchange offer of 10.25% 2029 notes.
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Announced offer to swap 10.25% 2029 notes for 10.50% 2032 notes.
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Announced effectiveness of amendments to 2032 notes and extended solicitation.
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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 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 |
FAQ
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