CryptoFundManager

AMC ENTERTAINMENT secured debt deal

Long
NYSE:AMC   AMC ENTERTAINMENT HOLDINGS INC
AMC ENTERTAINMENT announcing a secured debt deal to give the struggling theater company a liquidity boost.

Through an SEC filing, AMC announced the issue of $100 million in debt with an interest rate of 15%. The company has until July to make good on its first interest payment. It also has the option to "pay in kind" through the issuance of additional bonds with an interest rate of 17%. (yahoo finance)

The indicators are looking bullish on most timeframes.

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Comments

should we buy?
+4 Reply
@fojumdk, can`t give you trading advices. only information and instruments.
+1 Reply
I appreciate your work.
+2 Reply
@abel11, thank you
Reply
nice one , this definitely has potential to go back up in the next few months
+1 Reply
@rajivgomes, i think so.
Reply
rajivgomes CryptoFundManager
@CryptoFundManager, i wouldn't bet against you mate that's for sure :)
+1 Reply
@rajivgomes, it`s sitting at it`s last support.
Reply
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