checkAd

     140  0 Kommentare AMC Entertainment Holdings, Inc. Announces Extension of Early Deadline and Withdrawal Deadline of Private Exchange Offers and Consent Solicitations

    AMC Entertainment Holdings, Inc. (NYSE: AMC) (“AMC”) announced today that it has extended the early tender deadline (the “Early Deadline”) and withdrawal deadline (the “Withdrawal Deadline”) for its previously announced offers to exchange (the “Exchange Offers”) its outstanding senior subordinated notes (the “Existing Subordinated Notes”) for newly issued 12% Cash/PIK Second Lien Secured Notes due 2026 (the “New Notes”) and related consent solicitations (the “Consent Solicitations”), upon the terms and conditions set forth in the Confidential Offering Memorandum dated June 3, 2020 (the “Offering Memorandum”).

    Extension of Early Deadline and Withdrawal Deadline

    AMC is extending the Early Deadline and Withdrawal Deadline. The Early Deadline and Withdrawal Deadline were previously extended to 11:59 p.m., New York City time, on June 22, 2020, and will now be further extended to 11:59 p.m., New York City time, on June 30, 2020, unless further extended. All references to the Early Deadline and Withdrawal Deadline in the Offering Memorandum are hereby amended such that the Early Deadline and Withdrawal Deadline will each be 11:59 p.m., New York City time, on June 30, 2020, and all corresponding references in the Offering Memorandum are hereby adjusted accordingly. Therefore, holders who tender their Existing Subordinated Notes prior to such time will receive the Early Exchange Consideration. Other than the extension of the Early Deadline and Withdrawal Deadline described herein, the terms and conditions of the Exchange Offers and Consent Solicitations remain as set forth in the Offering Memorandum.

    Important Information about the Exchange Offers and Consent Solicitations

    This press release is issued pursuant to Rule 135c under the Securities Act of 1933, as amended (the "Securities Act"). This press release is neither an offer to sell nor the solicitation of an offer to buy the New Notes or any other securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which, or to any person to whom, such an offer, solicitation or sale is unlawful. The New Notes have not been, and will not be, registered under the Securities Act or any state securities laws, or the securities laws of any other jurisdiction an may not be offered or sold in the United Stated absent registration or an applicable exemption from registration requirements. The Exchange Offers, and the offering of the New Notes, are being made only (1) to persons reasonably believed to be (A) “qualified institutional buyers” as defined in Rule 144A under the Securities Act or (B) institutions where permitted in certain jurisdictions that can provide certifications and other documentation satisfactory to AMC that they are “accredited investors” as defined in subparagraphs (a)(1), (2), (3) or (7) of Rule 501 under the Securities Act, in each case in a private transaction in reliance upon the exemption from the registration requirements of the Securities Act provided by Section 4(a)(2) thereof and (2) outside the United States, to persons other than “U.S. persons” as defined in Rule 902 under the Securities Act in offshore transactions in compliance with Regulation S under the Securities Act.

    Seite 1 von 4


    Diskutieren Sie über die enthaltenen Werte


    Business Wire (engl.)
    0 Follower
    Autor folgen

    AMC Entertainment Holdings, Inc. Announces Extension of Early Deadline and Withdrawal Deadline of Private Exchange Offers and Consent Solicitations AMC Entertainment Holdings, Inc. (NYSE: AMC) (“AMC”) announced today that it has extended the early tender deadline (the “Early Deadline”) and withdrawal deadline (the “Withdrawal Deadline”) for its previously announced offers to exchange (the …

    Schreibe Deinen Kommentar

    Disclaimer