AMC Networks Inc. Announces Pricing of Private Offering of $400 Million of 10.50% Senior Secured Notes due 2032

Published: 2025-06-19 01:20:40 ET AMCX

Published on 06/19/2025 at 01:20

AMC Networks Inc. announced that it has priced an offering of $400 million aggregate principal amount of 10.50% senior secured notes due 2032 (the Notes) in a private offering. The Notes will be unconditionally guaranteed, on a joint and several basis, by each of AMC Networks? existing and future domestic subsidiaries, subject to certain exceptions, on a senior secured basis.

AMC Networks expects to use the net proceeds from the offering of the Notes, together with cash on hand or other immediately available funds, to (i) fund its tender offer (the Tender Offer) to purchase for cash up to $450,000,000 aggregate principal amount of its outstanding 4.25% Senior Notes due 2029, (ii) pay related premiums, fees and expenses incurred in connection with the offering of the Notes and the Tender Offer, and (iii) repurchase or repay other corporate indebtedness.