AMC Networks Announces Pricing of $875M Senior Secured Notes Offering
Tuesday, 26 March 2024, 21:57
AMC Networks Prices $875M Offering of 10.25% Senior Secured Notes
AMC Networks, a leading media company, has priced an offering of $875 million in senior secured notes due 2029. This move is aimed at funding a tender offer for the company's existing $775 million senior notes maturing in 2025. The new notes come with a high 10.25% interest rate, signaling the company's confidence in its growth prospects and financial stability.
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