Effectively, the moves give AMC significant incremental financial runway.
AMCs finances are much improved as the theatrical markets having a nice run.
AMC CEO Adam Aron thanked lenders for their unwavering support and commitment.
An AMC megaplexGetty
He believes box office challenges of the first half of 2024 are in the rear-view mirror.
The recovery momentum is back.
We expect strong year-over-year box office growth in the back half of 2024, continuing into 2025 and 2026.
The stock popped on the refinancing news, up 2.4% at $5.13.
