AMC Networks Announces Early Results and Upsizing of Tender Offer for its 4.25% Senior Notes due 2029

NEW YORK, July 02, 2025 (GLOBE NEWSWIRE) -- AMC Networks Inc. (Nasdaq: AMCX) (the “Company”) announced the early results, as of 5:00 p.m. New York City time, on July 1, 2025 (the “Early Tender Date”) of its previously announced cash tender offer (the “Offer”) to purchase its outstanding 4.25% Senior Notes due 2029 (the “Notes”) and that it has amended the Offer by increasing the maximum aggregate principal amount of Notes it may purchase in the Offer from $450,000,000 to $600,000,000 (the “Maximum Tender Amount”).

The terms and conditions of the Offer are described in an Offer to Purchase, dated June 17, 2025 (as amended and supplemented by this news release, the “Offer to Purchase”), which was previously distributed to holders of the Notes. As set forth in the Offer to Purchase, the Company reserves the right to (i) waive any and all conditions to the Offer as permitted by law, (ii) extend or terminate the Offer or (iii) otherwise amend the Offer.

The following table sets forth certain terms of the Offer and the aggregate principal amount of Notes validly tendered and not validly withdrawn at or prior to the Early Tender Date:

Title of Notes	CUSIP Number / ISIN	Aggregate Principal Amount Outstanding(1)		Aggregate Principal Amount Tendered at the Early Tender Date		Proration Factor(2)	Aggregate Principal Amount Accepted for Purchase
4.25% Senior Notes due 2029	00164V AF0 / US00164VAF04	$885,866,000		$614,437,000		97.7%	$600,000,000

(1) As of the date of the Offer to Purchase.
(2) Rounded to the nearest tenth of a percent for presentation purposes.

Because the aggregate principal amount of Notes validly tendered at or prior to the Early Tender Date exceeded the Maximum Tender Amount, the Notes validly tendered and not validly withdrawn will be accepted subject to the Maximum Tender Amount and proration factor set forth in the table above. Notes not accepted for purchase will be promptly returned in accordance with the Offer to Purchase. The Company will accept for purchase the aggregate principal amount of Notes validly tendered before the Early Tender Date as set forth in the table above.