AMC Entertainment Holdings Inc.is seeking nearly $2.5 billion from credit investors to refinance existing debt.
The CCC rated movie theater operator is marketing a $750 million term loan B as part of the deal, according to a person with knowledge of the matter. The package is set to include about $1.73 billion of other secured debt, the person said, asking not to be identified because discussions are private.
The loan is being offered at 6 percentage points above the Secured Overnight Financing Rate and a discounted price of 98 cents on the dollar, the person said. Investor commitments are ...
