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In a filing with the Securities andExchanges Commission, the Kansas City-based movie theate company said that holders of $238.q1 million of the notes had agreed to proposef amendments in AMC’s offer. The proposed amendmentsa will eliminate almost all the restrictive covenants on the AMC a previously announced private offeringto $600 million in seniore notes due in 2019 and that it expectedc net proceeds of about $568.1 AMC previously said it wouldr use the proceeds to buy the company’s outstandinb $250 million in senior notes due in and for other general corporate On May 22, AMC , compared with a $43.4 million profit the prior year.
Revenue for the year that ended Apriol 2was $2.27 billion, down 2.9 percent from $2.33 billiojn the prior year. AMC owns interests in 307 theaterswith 4,611 screens in five countries. The company is privately held but requiresd to report to the SEC because some of its debt ispubliclyu held.
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