AMC Networks Announces Early Tender Results of Any and All Exchange Offer and Consent Solicitation for its 10.25% Senior Secured Notes due 2029
View original at globenewswire.comAMC Networks Announces Early Tender Results of Any and All Exchange Offer and Consent Solicitation for its 10.25% Senior Secured Notes due 2029 NEW YORK, March 06, 2026 (GLOBE NEWSWIRE) -- AMC Networks Inc…
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Holders of approximately $9.9 million aggregate principal amount of outstanding Old Notes delivered Consents without tendering Old Notes via the Consent Only Option as of the Early Tender Time
80% confidenceThe Company expects settlement of the Old Notes validly tendered by the Early Tender Time to occur on March 13, 2026
80% confidenceThe New Notes will be fungible with the Original 2032 Notes and trade under the same CUSIP numbers as the Original 2032 Notes
80% confidenceApproximately $830.6 million aggregate principal amount of outstanding Old Notes, representing approximately 95% of the outstanding Old Notes (other than Old Notes beneficially owned by the Company or its affiliates), had been validly tendered pursuant to the Exchange Offer as of the Early Tender Time
80% confidenceThe Proposed Amendment will amend the covenant that limits restricted payments in order to permit buybacks, purchases, redemptions, retirements or other acquisitions of AMC Networks Inc.'s equity interests in an aggregate amount not to exceed $50,000,000
80% confidence
