Jill Goldsmith Co-Business EditorAMC Entertainment Monday announced the results of a key debt swap as it nears the finish line of a financial revamp unveiled earlier this month that will help it stay viable through spring.
The plan will slash debt, bring in $300 million in fresh cash and defer some interest payments.The financing just became even more urgent after Warner Bros.
and Walt Disney late last week pulled planned summer release dates for, respectively, Mulan and Tenet, prompting the world’s largest theater chain to delay opening most U.S.
Read more on deadline.com