AMC Networks initiates cash tender offer for 4.75% Senior Notes due 2025, subject to $700m senior secured notes issuance.
AMC Networks has commenced a cash tender offer to purchase any and all of its 4.75% Senior Notes due 2025, aiming to fund the offer through a concurrently launched offering of senior secured notes and cash on hand. The redemption of the Notes is subject to the completion of an issuance of at least $700m senior secured notes, with the redemption price set at 100% of the principal amount plus accrued interest.
March 25, 2024
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