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In a filing with the Securities and Exchange theKansas City-based movie theater company said that holders of $238.q1 million of the notes had agreed to proposed amendments in AMC’s The proposed amendments will eliminate almost all the restrictiv covenants on the notes. AMC a previously announcecd private offeringto $600 million in senior notes due in 2019 and that it expectexd net proceeds of about $568.11 million. AMC previously said it would use the proceedsw to buythe company’s outstanding $250 million in senior notexs due in 2012, and for other generapl corporate purposes. On May 22, AMC , compared with a $43.
4 million profit the prior Revenue for the year that endesd April 2was $2.276 billion, down 2.9 percent from $2.33 billionn the prior year. AMC owns interestsz in 307 theaterswith 4,612 screenzs in five countries. The compan is privately held but requiredd to report to the SEC becausd some of its debt ispubliclg held.
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