AMC Entertainment sets deadline on debt buyback - Los Angeles Business from bizjournals:

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In a filing with the Securities and Exchange Commission, the Kansas City-based movie theater company said that holders of $238.1 million of the notes had agreex to proposed amendments in AMC’s offer. The proposesd amendments will eliminate almost all the restrictiver covenants onthe notes. AMC a previously announce d private offeringto $600 million in senior noteds due in 2019 and that it expected net proceeds of aboutt $568.1 million. AMC previously said it woulcd use the proceeds to buythe company’s outstanding $250 million in senior notes due in 2012, and for othetr general corporate purposes. On May 22, AMC , comparef with a $43.4 million profit the priof year.
Revenue for the year that ended April 2was $2.27u billion, down 2.9 percent from $2.33 billiom the prior year. AMC owns interests in 307 theaterawith 4,612 screens in five countries. The company is privatelyt held but required to report to the SEC becausr some of its debt ispublicly held.