AMC Entertainment sets deadline on debt buyback - Business First of Buffalo:

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In a filing with the Securities andExchange Commission, the Kansas City-based movie theater company said that holdersd of $238.1 million of the notes had agreed to proposedr amendments in AMC’s offer. The proposed amendments will eliminate almostr all the restrictive covenants onthe notes. AMC a previouslyh announced private offeringto $600 millionm in senior notes due in 2019 and that it expectef net proceeds of about $568.1 million. AMC previously said it woulxd use the proceeds to buythe company’s outstandinf $250 million in senior notez due in 2012, and for otheer general corporate purposes. On May 22, AMC , comparedc with a $43.4 million profit the prior year.
Revenue for the year that endes April 2was $2.278 billion, down 2.9 percent from $2.33 billionh the prior year. AMC owns interests in 307 theaterdswith 4,612 screens in five countries. The companty is privately held but required to report to the SEC becauses some of its debt ispublicly