AMC Entertainment Holdings, Inc. filed a Current Report on Form 8-K on September 21, 2026, disclosing a significant debt refinancing plan and preliminary financial results for the two months ended August 31, 2026.
The company announced the commencement of a private offering for $2,000 million in aggregate principal amount of first lien notes due 2031. Concurrently, AMC launched syndication for a new $850 million first lien term loan facility. The company also entered into a commitment letter with Deutsche Bank AG New York Branch for a new second lien term loan facility valued at $1,120 million.
The total financing package, referred to as the 1L Financing, is expected to have a maturity date of five years from the closing date. The second lien loans are expected to mature in seven years and carry a fixed interest rate of 11.25% per annum. These transactions are intended to fund a tender offer for the company's 7.500% Senior Secured Notes due 2029 and a full redemption of Muvico's Senior Secured Notes due 2029.
In terms of operating performance, AMC reported consolidated total revenue of $1,334.8 million for the two months ended August 31, 2026. This represents a 42.2% increase compared to the same period in 2025, which totaled $937.2 million.
The company also reported an attendance of 58,203 thousand patrons, a 35.9% increase from 42,840 thousand in the prior year. Revenue per patron increased to $22.93, up from $21.88 in the prior year.
Regarding liquidity, AMC reported cash and cash equivalents of $832.5 million as of August 31, 2026, excluding restricted cash of $40.9 million.
