Kal

Here's your Congress, in a foreign nation, under a foreign nation's flag. Why?

This is enormously good news for AMC.  Today, AMC issued a press release with a major announcement that is one of the more important developments in AMC's multi-year effort to fight back from the ravages that COVID prompted in 2020 (and its resulting aftermath since) both on the movie theatre industry generally and on our company specifically. Today we announced that AMC has signed a collaborative agreement with some of our most key lenders. If consented to by our Term Loan Lenders through a public consent process being launched today, it will do all of this: 1. Bring more than $220 million into our company's treasury through the issuance of new debt which can be used to refinance 2026 debt principal repayment obligations. 2. Convert $143 million of debt into equity now, and set in motion a path that could convert even more debt to equity up to a total of $337 million, each of which significantly further delevers AMC.  3. Fully resolve the litigation from some of the holders of our 7.5% Senior Secured Notes, that arose from our also substantial activity in the summer of 2024 to refinance much of our debt that previously was due in 2026 and now is not due until 2029 and 2030. This strengthening of our balance sheet is the result of highly complex negotiations, and is clear evidence that we have vital and strong support from so many of our lenders. And it comes at a time when the growing box office since April has been roaring loudly. Thank you to Minecraft, Sinners, Lilo & Stitch, Thunderbolts*, Final Destination Bloodlines, Mission: Impossible - The Final Reckoning, How to Train Your Dragon, F1, Jurassic World Rebirth, Superman and so many more appealing movies! For full details, I urge you to read the press release that AMC issued this morning and/or our 8-K that was filed with the SEC. ——-/////——- Our lawyers want me to add this standard caution about any so-called Forward-Looking Statements. See my follow-on tweet.

11.9 Light-years from home. 6th grade science teacher. 1 chance to save us all. Watch the trailer for Project Hail Mary – based on the novel by Andy Weir, starring Ryan Gosling, and directed by filmmakers Phil Lord and Christopher Miller. Only in theaters and IMAX - 3.20.26