Amc networks inc. announces private offering of $125 million of convertible senior notes

New york, june 17, 2024 (globe newswire) -- amc networks inc. (nasdaq: amcx) (the “company” or “amc networks”) today announced that it intends to offer, subject to market conditions and other factors, $125 million aggregate principal amount of convertible senior notes due 2029 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to rule 144a under the securities act of 1933, as amended (the “securities act”). in connection with the offering of the notes, amc networks expects to grant the initial purchasers an option to purchase, for settlement within a 13-day period beginning on, and including, the first day on which the notes are issued, up to an additional $18.75 million aggregate principal amount of the notes.
AMCX Ratings Summary
AMCX Quant Ranking