AMC Theater Chain Plans $450M IPO

Law360, New York (July 15, 2010, 1:15 PM EDT) -- Movie theater chain AMC Entertainment Holdings Inc. is planning a $450 million initial public offering, its third attempt to go public.

The company plans to use the proceeds of the new IPO to repay all $198.3 million of its outstanding loans and retire $240.8 million of its outstanding 12 percent senior discount notes due in 2014, according to a filing Wednesday with the U.S. Securities and Exchange Commission. It also plans to pay $29.2 million due to its backers under a fee agreement.

The company said...
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