04.02.2014 16:31:00

AMC Entertainment Inc. -- Moody's assigns B3 to AMC Entertainment Subordinated Bonds, Affirms B3 CFR

New York, February 04, 2014 -- Moody's Investors Service assigned a B3 rating to the proposed $325 million senior subordinated bonds of AMC Entertainment Inc. (AMC Entertainment) and upgraded its existing senior subordinated bonds to B3 from Caa1. Moody's expects the company to use proceeds of the offering, together with proceeds from its December 2013 initial public offering (IPO), primarily to repay its 8.75% senior unsecured bonds due in June 2019 ($600 million outstanding).

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