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AMC Theatres is currently saddled with $4.5 billion in debt, including more than $2.8 billion of maturities that were due in 2026. Because of the looming … AMC Theatres Refinances Debt in Deals ...
AMC stock gained 19% to $22.18 at the close on Friday after initially falling following the announcement of the new units on Thursday. The preferred shares started trading under the "APE" ticker on the New York Stock Exchange starting Aug. 22. [83] AMC CEO Adam Aron stated "We are making great strides on our path towards pandemic recovery".
[8] On April 18, 2018, it was announced that the Carson's store would be closing because parent company The Bon-Ton Stores was going out of business. The store closed on August 29, 2018. [9] On June 17, 2020, plans were announced for Dick's Sporting Goods to open in the lower level of the former Carson's space. [10]
In fact, AMC Theatres reported its best quarterly earnings in its 103-year history this week, largely thanks to the mass attendance at the Barbie and Oppenheimer movies, which had box office sales ...
However, AMC got some relief. It recently reached a refinancing agreement to restructure a portion of its debt to extend maturity dates by at least three years. As part of the pact, more than $2.8 ...
The food court closed in 2017 to make room for a brand new dine in theatre, AMC Stones River 9. On November 8, 2018, it was announced that Sears would be closing as part of a plan to close 40 stores nationwide. The store closed by February 11, 2019. [11] The mall was renamed to Stones River Town Centre in December 2018.
The falls were a result of AMC closing selected cinemas in Italy [229] and the lack of confidence in the market created by No Time to Die moving its release date. [21] The in-theater advertising company National CineMedia also reported stock falling, by 1.25% on March 4. [229]
Pacific Theatres and ArcLight Cinemas filed for Chapter 7 bankruptcy in June to liquidate assets.
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