AMC Entertainment Holdings, Inc. Announces Successful Closing of Comprehensive Refinancing Transactions that Strengthen the Balance Sheet and Position the Company to Prosper from Robust Box Office Recovery

AMC Entertainment completes major debt refinancing, strengthening its capital structure and enhancing long-term financial flexibility

New Money: Approximately $244 million of new money financing that will primarily be used to refinance debt maturing in 2026

LEAWOOD, KANSAS ( July 25, 2025 ) -

AMC Entertainment Holdings, Inc. (NYSE: AMC) (“AMC” or the “Company”) today announced the successful completion of a series of previously announced debt refinancing transactions with key creditor groups, including certain holders of its 7.5% Senior Secured Notes due 2029 (the “Consenting 7.5% Noteholders”), certain holders of Muvico, LLC’s 6.00%/8.00% Senior Secured Exchangeable Notes due 2030 (the “Consenting Exchangeable Noteholders”) and certain lenders of AMC’s term loans outstanding under its existing credit agreement (the “Credit Agreement,” and any such consenting lenders, the “Consenting Term Loan Lenders”) that materially strengthen the Company’s capital structure and fortify the Company’s balance sheet and financial flexibility.

The transactions executed in accordance with the Transaction Support Agreement dated July 1, 2025, garnered overwhelming support from creditors, with approximately 90% of Term Loan holders under AMC’s Credit Agreement delivering their consent. This support enabled AMC to quickly close the full suite of coordinated transactions, including new capital funding, significant debt reduction, and litigation resolution.

Highlights of the now-completed transactions include:

  • New Capital: The Consenting 7.5% Noteholders provided approximately $244 million in new financing and exchanged $590 million of existing notes for $857 million of new Senior Secured Notes due 2029.
  • De-risking of 2026 Maturities: The $244 million of new financing will be used primarily to fully redeem AMC’s 5.875% Senior Subordinated Notes and 10.0%/12.0% Cash/PIK Toggle Second Lien Subordinated Secured Notes, both due in 2026, and fund transaction expenses.
    Debt Reduction: $143 million of AMC’s 6.00%/8.00% Senior Secured Exchangeable Notes due 2030, were equitized on July 1, 2025, with the potential to equitize up to a total of $337 million of existing debt, including approximately $194 million of new Senior Secured Exchangeable Notes due 2030 issued to the Consenting Exchangeable Noteholders in exchange for their existing notes.
  • Litigation Resolution: Final dismissal of litigation brought by holders of AMC’s 7.5% Senior Secured Notes due 2029.

For more information, please refer to the Form 8-K filed by AMC today with the U.S. Securities and Exchange Commission and available on our website at https://investor.amctheatres.com/sec-filings/all-sec-filings.

Adam Aron, Chairman and CEO of AMC, commented, “With the closing of these transformative transactions and the full redemption of our 2026 debt maturities, AMC is unquestionably on offense. Around 90% of our term loan lenders rallied behind this forward-looking plan, a level of support that demonstrates their tremendous confidence in the direction in which AMC is headed.”

Aron continued, “We are especially excited about our dramatic expansion plans for an increased number of premium large format and extra-large screens being offered by AMC and Odeon globally, along with our continued broad deployment of state-of-the-art laser projection technology. AMC Entertainment already offers more premium experiences than any other exhibitor on the planet, and we intend to further increase our lead in this area even that much more. Supported by a wide variety of marketing initiatives that are compelling in the value and messaging that they offer to moviegoers, our offering our guests the best possible experiences in often unique and particularly noteworthy theatres is the secret sauce that is key to our increasing success.”

Aron concluded, “Watch out world, AMC Entertainment is on the way back. With fresh capital secured, near-term debt maturities addressed, and with the overwhelming support of our lenders, we are operating from a clearly improved financial position. Combining our bold balance sheet transactions with the tailwinds of a resurgent box office both domestically and internationally, at AMC we look to the future with optimism, momentum and confidence.”

About AMC Entertainment Holdings, Inc.
AMC is the largest movie exhibition company in the United States, the largest in Europe and the largest throughout the world with approximately 870 theatres and 9,700 screens across the globe. AMC has propelled innovation in the exhibition industry by: deploying its signature power-recliner seats; delivering enhanced food and beverage choices; generating greater guest engagement through its loyalty and subscription programs, website, and mobile apps; offering premium large format experiences and playing a wide variety of content including the latest Hollywood releases and independent programming. For more information, visit www.amctheatres.com.