Weil advised AMC Entertainment Holdings, Inc. in a series of liability management refinancing transactions, extending the maturity of approximately $1.6 billion in debt from 2026 to 2029 and 2030. This strategic transaction provides AMC with significant incremental financial runway.

The transactions include the issuance of $1.2 billion of new secured term loans due 2029 and $414 million of new exchangeable notes due 2030, which were used to retire $1.6 billion of debt due 2026. The transactions also provide for potential repurchases of up to $800 million of additional existing term loans due 2026 in exchange for new term loans due in 2029 and the potential issuance by AMC of up to an additional $50 million of exchangeable notes in order to repurchase additional debt due in 2025, 2026 and 2027.

The Weil team was led by Restructuring Department Co-Chair Ray C. Schrock, Capital Markets partner Corey Chivers and Banking & Finance partner Vynessa Nemunaitis and included Restructuring partner Candace Arthur and associates Jason George, Justin Kanoff, Esther Hong, Ismail Buffins; Capital Markets partner Michael Stein and associates Michael Cremers, Tina Tang, Ari Anderson and Justin Deuell; Banking & Finance partners Justina Chen, Andrew Hagan and Chris McLaughlin, counsel Jenny Choi and associates Libby Vinson, Elena Dagley, Ryan Prithraj, Keiko Quiñones-Osumi, Kayley Bacigalupo, April Lewtak, Julia Pjevach and Marc Policastro; Mergers & Acquisitions partner Gavin Westerman, counsel Christina De Vuono and associates Alex Schnapp and Blake Oglensky; Technology & IP Transactions partner Dennis Adams and associates Meggin Bednarczyk, Mirish Shah and Aron Lichtschein; Real Estate partner Jannelle Seales, counsel Simon Heimowitz and associate Ilana Bier; Tax partner Graham Magill and associates Madeline Joerg, Sean Wright and Oliver Walker; and Securities Litigation Co-Head John Neuwirth and Securities Litigation partner Joshua Amsel and counsel Matthew Connors.