AMC Entertainment Inc. Proposed $325 Million Senior Subordinated Notes Offering.KANSAS CITY Kansas City, two adjacent cities of the same name, one (1990 pop. 149,767), seat of Wyandotte co., NE Kansas (inc. 1859), the other (1990 pop. 435,146), Clay, Jackson, and Platte counties, NW Mo. (inc. 1850). , Mo. -- AMC (Advanced Mezzanine Card) See AdvancedTCA. Entertainment Inc. today announced that it intends to offer, subject to market and other conditions, $325.0 million of senior subordinated notes in a private placement. The expected net proceeds Net Proceeds The amount received after all costs are deducted from the sale of a piece of property or security. Notes: In the case of an investor selling a security, net proceeds represent the proceeds from the sale minus any trading costs (i.e. commissions). of the offering will be used to purchase the notes tendered in the tender offer launched by Loews Cineplex Entertainment Corporation on December 21, 2005. The notes being sold by AMC Entertainment Inc. will not be registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. absent registration or an applicable exemption from registration requirements. The notes are being offered only to qualified institutional buyers under Rule 144A Rule 144A A Securities & Exchange Commission rule modifying a two-year holding period requirement on privately placed securities to permit qualified institutional buyers to trade these positions among themselves. and outside the United States in compliance with Regulation S under the Securities Act. This news release is neither an offer to sell, nor a solicitation of an offer to buy, any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offering would be unlawful. About AMC Entertainment Inc.: AMC Entertainment Inc. is a leader in the theatrical exhibition industry. Through its circuit of AMC theatres, the company operates approximately 225 theatres with 3,511 screens in the United States, Canada, France, Portugal, Spain and the United Kingdom. The company, headquartered in Kansas City, Mo., has a Web site at www.amctheatres.com. |
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