So just noticed this and while at the time it seemed like a good deal for AMC in terms of just being able to stay alive, they could've seen their stock price rise coming if they had looked at GameStop and online chatter. To get to the point, TWO DAYS after AMC announced that deal, Silverlake, the investment group that backed AMC with the $900M, turned their bonds into $713M of AMC stonk and will likely make out like bandits here with billions i'd imagine.
AMC no longer has any backers or need for additional cash flow at the moment and the biggest thing to come from this is that they can pay off all of their debt now. They were a company in deep debt even before COVID, as they completely remodeled most of their theaters, bought new ones and AMC A-List was a money loser for them until the quarter right before they were forced to shut down. AMC coming out not only out of this pandemic not only with no debt, but with extra money on hand is a huge advantage for AMC over other theater chains going forward.
AMC no longer has any backers or need for additional cash flow at the moment and the biggest thing to come from this is that they can pay off all of their debt now. They were a company in deep debt even before COVID, as they completely remodeled most of their theaters, bought new ones and AMC A-List was a money loser for them until the quarter right before they were forced to shut down. AMC coming out not only out of this pandemic not only with no debt, but with extra money on hand is a huge advantage for AMC over other theater chains going forward.