AMC Entertainment Reduces $40M Debt Without Share Dilution in Refinancing Effort

AMC Entertainment Holdings has reduced its Senior Secured Exchangeable Notes due 2030 by $39.9 million as part of a refinancing deal finalized in July 2025, bringing the total exchangeable debt reduction to $183 million. This debt reduction was achieved without issuing additional shares or using cash, highlighting AMC's strategic efforts to improve its financial flexibility and strengthen its balance sheet. Chairman and CEO Adam Aron emphasized that these steps are positioning AMC to prosper as box office revenues continue to recover, with 2025 expected to be the strongest box office year in five years. Despite these improvements, the company continues to face profitability and balance sheet challenges amidst the evolving entertainment landscape. AMC, the largest movie exhibition company in the U.S. and worldwide with approximately 860 theatres and 9,700 screens, remains committed to further enhancing its financial health as the industry rebounds. The debt adjustments were part of a consensual agreement with creditors that ties reductions to AMC's share price, avoiding cash outlays or equity dilution.