37 days ago • Posted by William Ramstein

AMC shares rise 30% after a $100M debt deal is announced

AMC announced securing a debt deal to give the firm a liquidity boost as it's been running out of money since theatre closures. The deal is a $100 million bond with a 15% interest rate. They have until the summer to make do on a first interest payment. -AMC's SEC form 8-K Filing w/ graph from FlowOne