$AMC

AMC Entertainment (NYSE:AMC) stock fell 4.70% on Thursday after announcing a $3.97 billion debt refinancing package. The company priced $2 billion in senior secured notes at 8.875% interest and an $850 million term loan. Proceeds will fund a tender offer for existing notes and repay current facilities. The stock remains above key moving averages, with resistance at $3.18 and support at $2.64.

AMC Entertainment has priced $2.85 billion in new debt, including first lien notes and a new term loan facility. The company announced the pricing of these financial instruments, which may impact its capital structure and investor sentiment.

AMC Entertainment (NYSE:AMC) priced $2 billion in 8.875% first lien notes due 2031 and $850 million in term loans at SOFR+4.50%. Proceeds will fund a tender offer for 7.500% Senior Secured Notes due 2029, redeem Muvico's notes, repay existing loans, and cover related costs. Transactions are expected to close by October 5, 2026, subject to conditions.

AMC ENTERTAINMENT HOLDINGS, INC. (AMC) filed an SEC Form 8-K — Other Events. Exhibit 99.1 INVESTOR RELATIONS: John Merriwether, 866-248-3872 InvestorRelations@amctheatres.com MEDIA CONTACTS: Ryan Noonan, (913) 213-2183 rnoonan@amctheatres.com FOR IMMEDIATE RELEASE AMC ENTERTAINMENT HOLDINGS, INC. ANNOUNCES PRICING OF FIRST LIEN NOTES AND NEW 1L TERM LOAN

AMC Entertainment (NYSE: AMC) priced $2B in 8.875% first lien notes due 2031 and $850M in first lien term loans. Proceeds will fund debt tenders, redemptions, and repay existing loans. Transactions are expected to close by October 5, 2026, subject to conditions. The notes were offered to qualified institutional buyers and non-U.S. investors.

Stock tokens, digital representations of traditional shares on a blockchain, are being introduced in the US. Proponents argue they improve trading speed and efficiency, while critics raise concerns about risks and limited benefits for individual investors. The SEC has set guidelines for their trading, requiring approval from companies and granting the same rights as traditional shares. AMC and Robinhood recently clashed over tokenized AMC shares.

AMC Entertainment (AMC) upgraded to Zacks Rank #2 (Buy) due to upward earnings estimate revisions. The company's consensus EPS estimate increased 45.2% over the past three months, reflecting positivity about its earnings outlook. AMC is expected to earn -$0.22 per share for the fiscal year ending December 2026, unchanged from the previous year. The upgrade positions AMC in the top 20% of Zacks-covered stocks, suggesting potential near-term price appreciation.

AMC CEO Adam Aron praised the SEC's innovation exemption for tokenized equities, which grants temporary relief for trading tokenized stocks. The exemption allows issuers to veto third-party tokenization and requires tokenized shares to carry the same rights as underlying stocks. The order follows a dispute between AMC and Robinhood over unauthorized tokenization of AMC shares. Industry experts highlighted the implications for tokenized equity markets and future regulatory developments.

Moody’s upgraded AMC Entertainment’s rating to B3 from Caa2, citing a debt refinancing plan totaling $3.97 billion. The plan aims to extend debt maturity and lower borrowing costs. AMC reported strong financial performance in H1 2026, with 17% revenue growth and positive free cash flow. Moody’s expects leverage to decline further, reflecting improved credit metrics.

AMC Entertainment (AMC) shares rose 7% to $2.88 after announcing debt refinancing, pushing its nearest large maturity from 2029 to 2031. The move involves a private placement of first lien notes due 2031 and a cash tender offer for outstanding 2029 notes, funded by new debt facilities. Cinemark (CNK) and IMAX (IMAX) stocks also rose, but less significantly. AMC's refinancing aims to simplify its debt structure and extend maturities, though it does not reduce the total debt.