AMC ENTERTAINMENT HOLDINGS,INC. (NYSE:AMC) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement.
On May9, 2017, AMC Entertainment Holdings,Inc. (the Company)
entered into that certain Third Amendment to Credit Agreement
(the Third Amendment) amending that certain Credit Agreement
dated as of April30, 2013 (as amended by that certain First
Amendment to Credit Agreement, dated as of December11, 2015, that
certain Second Amendment to Credit Agreement dated as of
November8, 2016 and the Third Amendment, the Credit Agreement),
by and among the Company, the other loan parties thereto, each
lender party thereto and Citicorp North America,Inc., as
administrative agent.
The Third Amendment decreased the applicable margin for the term
loans outstanding under the Credit Agreement from 1.75% with
respect to base rate borrowings to 1.25% and 2.75% with respect
to LIBOR borrowings to 2.25%.
The foregoing description of the Third Amendment and the Credit
Agreement is not intended to be complete and is qualified in its
entirety by reference to the Third Amendment, a copy of which is
attached hereto as Exhibit4.1, and incorporated herein by
reference.
Item 9.01 Financial Statements and
Exhibits
(d)Exhibits
The Company is filing the following exhibits:
|
ExhibitNo. |
|
Description |
|
4.1 |
Third Amendment to Credit Agreement, dated as of May9, |
About AMC ENTERTAINMENT HOLDINGS, INC. (NYSE:AMC)
AMC Entertainment Holdings, Inc. is a holding company. The Company, through its subsidiaries, including AMC Entertainment Inc. (AMCE), American Multi-Cinema, Inc. (OpCo) and its subsidiaries, is engaged in the theatrical exhibition business. It operates through theatrical exhibition operations segment. It licenses first-run motion pictures from distributors owned by film production companies and from independent distributors. The Company also offers a range of food and beverage items, which include popcorn; soft drinks; candy; hot dogs; specialty drinks, including beers, wine and mixed drinks, and made to order hot foods, including menu choices, such as curly fries, chicken tenders and mozzarella sticks. It operates over 900 theatres with approximately 10,000 screens globally, including over 661 theatres with approximately 8,200 screens in the United States and over 244 theatres with approximately 2,200 screens in Europe. The Company’s subsidiary also includes Carmike Cinemas, Inc. AMC ENTERTAINMENT HOLDINGS, INC. (NYSE:AMC) Recent Trading Information
AMC ENTERTAINMENT HOLDINGS, INC. (NYSE:AMC) closed its last trading session down -0.95 at 27.95 with 2,811,340 shares trading hands.