AMC Entertainment Holdings has entered a privately negotiated exchange agreement to issue 3.35 million Class A shares in exchange for $25 million of 10%/12% cash/PIK toggle second lien subordinated notes due 2026. Hedge funds received stock at a premium and will sell it to investors. The company's CEO, Adam Aron, is under scrutiny regarding whose side he is on in this transaction.
$INSW - SEC filing just now: Extends and renews it’s ATM agreement. No shares have been issued. Entirely administrative filing. https://t.co/voY6UR9R45 https://t.co/04rwXz0mOT
AMC Theatres, $AMC, has launched its own line of chocolate-covered treats
$AMC entered another private exchange to issue 3.35mm shares of stock for $25mn of its 10% 2L notes due 2026.
$AMC (-0.7% pre) AMC Entertainment (AMC) to Issue 3.35M Share In Exchange for $25M of Notes - SI https://t.co/R5wzaFAdDf
Hedge funds got paid 12 percent. Then they got stock at a premium which they will sell to Apes. Lemme know whose side @CEOAdam is on. $AMC https://t.co/z7IKib9zoN
$AMC Enters Privately Negotiated Exchange Agreement $AMC to Issue 3.35M Class A Shares in Exchange for $25M of 10%/12% Cash/PIK Toggle Second Lien Subordinated Notes Due 2026
$AMC 🔸AMC Entertainment Holdings Enters Privately Negotiated Exchange Agreement 🔸AMC Entertainment Holdings to Issue 3.35M Class A Shares in Exchange for $25M of 10%/12% Cash/PIK Toggle Second Lien Subordinated Notes Due 2026 🔸AMC Entertainment Holdings: Stock Issued Had…
$AMD 🔸AMC Entertainment Holdings Enters Privately Negotiated Exchange Agreement 🔸AMC Entertainment Holdings to Issue 3.35M Class A Shares in Exchange for $25M of 10%/12% Cash/PIK Toggle Second Lien Subordinated Notes Due 2026 🔸AMC Entertainment Holdings: Stock Issued Had…