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AMC Issues $500M In Debt To Stay Liquid; Shares Spike On U.S. Reopening PlanAMC Entertainment shares roared to life in after-hours trading, rising as much as 37% after the company announced a $500 million debt sale and the White House announced sweeping measures to reopen … johncampea sounds good ....
Source: DEADLINE - 🏆 109. / 63 Read more »
Troubled AMC Theatres Plans to Raise $500 Million in Private OfferingFacing the prospect of staying shut for several more months due to the coronavirus pandemic, embattled exhibitor AMC Entertainment has unveiled plans to raise $500 million in new debt to improve it… Sad
Source: Variety - 🏆 108. / 63 Read more »
Will China's Wanda Group Bail Out AMC Theatres?The conglomerate, AMC's largest shareholder, issued a statement in Beijing dismissing talk of the theater chain's possible bankruptcy as 'pure rumor,' sparking questions about whether it could step in to execute a rescue. Yes! Save AMC, Wanda! Bring back drive in movies
Source: THR - 🏆 411. / 53 Read more »
Troubled AMC Theatres Plans to Raise $500 Million in Private OfferingFacing the prospect of staying shut for several more months due to the coronavirus pandemic, embattled exhibitor AMC Entertainment has unveiled plans to raise $500 million in new debt to improve it… Sad
Source: Variety - 🏆 108. / 63 Read more »