AMC ENTERTAINMENT HOLDINGS,INC. (NYSE:AMC) Files An 8-K Other Events
ITEM 8.01 Other Events.
On March10, 2017, AMC Entertainment Holdings,Inc. (the Company)
issued a press release relating to the proposed offering of $475
million aggregate principal amount of senior subordinated notes
due 2027 and an additional 250 million aggregate principal amount
of senior subordinated notes due 2024, to a preliminary offering
memorandum in a private placement under Rule144A and Regulation S
of the Securities Act of 1933, as amended. A copy of the press
release issued is filed herewith as Exhibit99.1 and is
incorporated herein by reference.
ITEM 9.01 Financial Statements and
Exhibits.
(b) Pro Forma Financial Information
On November30, 2016, the Company filed a Current Report on
Form8-K (the Initial 8-K) with the Securities and Exchange
Commission (the SEC) in connection with its completion of an
acquisition of all the outstanding equity of Odeon and UCI
Cinemas Holdings Limited (Odeon) on November30, 2016 (the Odeon
Acquisition). The Initial 8-K is being amended by this Amendment
No.1 to include updated pro forma financial information with
respect to the acquisition of Odeon and the subsequent
acquisition of Carmike Cinemas,Inc. (Carmike) on December21, 2016
(the Carmike Acquisition and together with the Odeon Acquisition,
the Acquisitions).
This Amendment No.1 includes the unaudited pro forma condensed
combined statement of operations of AMC for the year ended
December31, 2016. The unaudited pro forma condensed combined
statement of operations gives effect to (i)the Acquisitions,
(ii)the related debt financing (the Debt Financing), (iii)the
issuance of shares of the Companys ClassA common stock in a
private placement and subsequent public offering (the Equity
Financing and together with the Debt Financing, the Financings)
and (iv)certain theatre divestitures to a settlement the Company
entered into with the United States Department of Justice (the
Theatre Divestitures). The unaudited pro forma condensed combined
statement of operations combines the historical consolidated
statements of operations of the Company, Odeon and Carmike,
giving effect to the Acquisitions, Financings and Theatre
Divestitures as if they had been completed on January1, 2016. The
historical consolidated financial information for Odeon has been
adjusted to comply with U.S.GAAP. The classification of certain
items presented by Odeon under U.K.GAAP has been modified in
order to align with the presentation used by AMC under U.S.GAAP.
In addition to the U.S.GAAP adjustments and the
reclassifications, amounts have also been translated to U.S.
Dollars.
(d) Exhibits
|
Exhibit No. |
|
Description |
|
99.1 |
Press release dated March10, 2017. |
|
|
99.2 |
Unaudited pro forma condensed combined financial |
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 up +0.60 at 30.15 with 1,483,235 shares trading hands.