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The Rise, Peak, and Fall of AMC Theatres
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“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. | CNBC
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