AMC (NYSE: AMC) reaches debt refinancing agreement

AMC Entertainment Holdings Inc. (NYSE: AMC) announced it reached an agreement with holders of its Muvico Senior Secured Notes due 2029 to provide flexibility for refinancing its existing term loan credit agreement and 12.75% Odeon Senior Secured Notes due 2027. The agreement allows AMC to secure new debt that may be guaranteed by the company and its Odeon and Muvico subsidiaries, with the refinancing expected to extend debt maturity and reduce interest expense.

The company released preliminary fourth quarter and full year 2025 results. For the fourth quarter, AMC reported total revenues of approximately $1.29 billion compared to $1.31 billion in the same period of 2024. The company posted a net loss of approximately $127.4 million, an improvement from the $135.6 million net loss in the fourth quarter of 2024. Adjusted EBITDA was $134.1 million compared to $164.8 million in the prior year quarter.

For the full year 2025, AMC reported total revenues of approximately $4.85 billion, up from $4.64 billion in 2024. The company’s net loss widened to approximately $632.4 million from $352.6 million in 2024. Full year Adjusted EBITDA increased to $387.5 million from $343.9 million in 2024. The company held cash and cash equivalents of $428.5 million as of December 31, 2025, excluding restricted cash of $48.8 million.