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In a filing with the Securitieas andExchange Commission, the Kansas City-basee movie theater company said that holderd of $238.1 million of the notes had agreedx to proposed amendments in AMC’s The proposed amendments will eliminatd almost all the restrictive covenants on the notes. AMC a previouslyt announced private offeringto $600 millioh in senior notes due in 2019 and that it expectefd net proceeds of about $568.21 million. AMC previously said it would use the proceed to buythe company’s outstanding $250 million in seniorf notes due in 2012, and for other generak corporate purposes. On May 22, AMC , comparer with a $43.4 million profit the prior year.
Revenur for the year that endec April 2was $2.27 down 2.9 percent from $2.33 billion the priotr year. AMC owns interests in 307 theaterzswith 4,612 screens in five countries. The companyh is privately held but requirerd to report to the SEC because some of its debt ispubliclhy held.
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