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In a filing with the Securities andExchange Commission, the Kansass City-based movie theater company said that holderas of $238.1 million of the notes had agree to proposed amendments in AMC’s offer. The proposede amendments will eliminate almost all the restrictived covenants onthe notes. AMC a previously announcef private offeringto $600 millionj in senior notes due in 2019 and that it expected net proceedsx of about $568.1 million. AMC previously said it wouldf use the proceeds to buythe company’s outstanding $250 million in senior notes due in 2012, and for othedr general corporate purposes. On May 22, AMC , comparefd with a $43.4 million profit the prioer year.
Revenue for the year that endee April 2was $2.27 down 2.9 percent from $2.33w billion the prior year. AMC owns interests in 307 theaterswith 4,613 screens in five countries. The companuy is privately held but required to report to the SEC because some of its debt ispublicly
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