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Shares of the movie-theater chain and original meme stock dropped as nearly 80 million common shares are exchanged for debt maturing in 2030.

AMC has been busy restructuring its debt for some time. Last year, the company pushed $2.4 billion of its long-term debt from 2026 out to 2029 and 2030.

See disclosure here or remove ads. The restructuring agreement requires consent from term loan lenders representing at least 50.1% of AMC’s outstanding term loans to become effective.

The restructuring agreement requires consent from term loan lenders representing at least 50.1% of AMC’s outstanding term loans to become effective.

AMC Entertainment Holdings, Inc. (NYSE:AMC) saw its stock decline by 4% early Tuesday after revealing a new agreement with its creditors to restructure existing debt and bolster its financial ...

Investing.com -- AMC Entertainment Holdings, Inc. (NYSE: AMC) stock initially dropped 4% on Tuesday morning after the movie theater chain announced a collaborative agreement with creditors to ...

AMC Entertainment settles litigation with creditors, gains $223M cash, reduces net debt by $325M. Share count rises to 600M. See more on AMC stock here.