AMC Networks prices offering of $875M of 10.25% senior secured notes due 2029
Press Room
AMC Networks (NASDAQ:AMCX) Tuesday announced that it priced an offering of $875M aggregate principal amount of 10.25% senior secured notes due 2029 in a private offering.
This represents an increase of $175M in aggregate principal amount of the notes from the amount announced at the launch of the offering.
AMC Networks expects to use the net proceeds to fund its tender offer to purchase for cash any and all of its outstanding about $775M of 4.75% Senior Notes due 2025, among others.
