AMC Stock: Why Lenders Are Meeting to Discuss AMC’s Debt

Far from its meme-trading days, AMC Entertainment is weighing its options amid a large long-term debt load of about $4.6 billion. Unfortunately, ticket sales have been frustratingly lackluster lately. A lack of exciting new film releases this year is also adding pressure for AMC stock.

This past Friday, the company’s senior lenders held a call to discuss efforts to “bolster the company’s balance sheet,” according to insiders. Per a Bloomberg report, people familiar with the matter stated that AMC is weighing options on how to tackle its debt. The deliberations are “at an early stage and no final decision has been made.” $AMC Entertainment(AMC.US)$