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Movie exhibition company AMC Entertainment shares climb 3.5% to $2.89 after completing a $3.97-billion refinancing covering about 97% of its debt, extending maturities to October 2031 and October 2033.
AMC Entertainment Holdings completed a $3.97 billion debt refinancing that extended most maturities to October 2031 and October 2033. The package included $2 billion of first lien notes due 2031, an $850 million first lien term loan facility, and a $1.12 billion second lien term loan facility. Proceeds were used to fun