- 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.
- Source: Press Release
