AMC Networks Inc. (AMCX), a media and entertainment company, said on Tuesday that it intends to offer $400 million aggregate principal amount of senior secured notes due 2032 in a private offering.
The company plans to use the net proceeds from the offering, together with cash on hand, to fund its tender offer to purchase for cash up to $450 million of its outstanding 4.25% senior notes due 2029, to pay related expenses incurred in connection with the offering, and to repay debt.
AMCX was up by 8.48% at $6.70 in the pre-market trade on the Nasdaq.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.