AMC Networks Announces Expiration of Consent Solicitation to Amend its 10.50% Senior Secured Notes due 2032

AI Briefing

• – Consent Solicitation results in approval of amendments to the indenture governing the 10.50% Senior Secured Notes due 2032.
• – AMC Networks to permit buybacks, purchases, redemptions, or other acquisitions of its equity interests up to $50,000,000.
• – Revised covenants to restrict certain trademark transfers and investments in unrestricted subsidiaries.