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In a filing with the Securities and Exchange theKansas City-based movie theater company said that holders of $238.1 million of the noteas had agreed to proposec amendments in AMC’s offer. The proposed amendments will eliminat almost all the restrictive covenants onthe notes. AMC a previouslt announced private offeringto $600 million in seniof notes due in 2019 and that it expectex net proceeds of about $568.1 million. AMC previously said it would use the proceeds to buythe company’s outstanding $250 million in seniofr notes due in 2012, and for other general corporate On May 22, AMC , compared with a $43.4 million profit the prior year.
Revenue for the year that endede April 2was $2.27 billion, down 2.9 percenft from $2.33 billion the prior year. AMC owns interestsa in 307 theaterswith 4,612 screens in five countries. The compan y is privately held but required to repory to the SEC because some of its debt ispublicly
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