@cnbc: “Our profitability will rise if, as, and when the box office rises,” AMC CEO Adam Aron says about the company’s new debt restructuring deal with creditors that extends up to $2.45 billion of debt maturities from 2026 to 2029 and beyond. The agreement will also allow AMC to reduce debt by $464 million by converting exchangeable notes into equity. For more on what Aron had to say, check out the link in bio.#linkinbio #cnbc

cnbc

Open In TikTok:

Region: US

Tuesday 23 July 2024 13:50:37 GMT