AMC Entertainment Holdings unveiled Tuesday that it has entered a “Transaction Support Agreement” with key creditor groups, debt holders and certain lenders to give it more financial flexibility, resolve key litigation and allow it to focus on box office upside.
“The agreement reflects strong creditor support for AMC’s long-term recovery and includes a comprehensive package of transactions designed to strengthen the Company’s balance sheet and resolve outstanding litigation,” the firm said.
Highlights of the agreement include: “approximately $223.3 million of new money financing that will be used to refinance debt maturing in 2026 and provide incremental liquidity, the immediate conversion of at least $143.0 million of 6.00%/8.00% Senior Secured Exchangeable Notes due 2030, with the potential to equitize up to a total of $337 million of such notes over time; full resolution of litigation with certain holders of AMC’s 7.5% Senior Secured Notes due 2029.”
AMC chairman and CEO Adam Aron said that “this Transaction Support Agreement is yet another important and strategic move, as AMC continues to fortify our financial footing, and improve the trajectory of our post-pandemic recovery.”
He added: “We continue to make positive advances, at a time when we also are riding the powerful wave of a recently resurgent industry-wide box office that commenced in April of this year. The domestic box office in the second quarter of 2025 is up impressively compared to the same period last year, and our full-year industry projections point to the strongest box office performance in five years. We further anticipate more improvement in the domestic industry box office next year too, such that in our view, 2026 also will show continued growth and momentum. That’s an extraordinary backdrop for AMC’s ongoing recovery efforts.”
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