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KANSAS CITY, Missouri (May 15, 2006) — AMC Entertainment Inc. (the "Company") announced today that it has commenced an offer to exchange up to $325.0 million in aggregate principal amount of its 11% Series B Senior Secured Notes due 2016, which have been registered under the Securities Act of 1933, as amended, for a like principal amount of its outstanding 11% Series A Senior Subordinated Notes due 2016. The new notes have substantially identical terms as the original notes, except that the new notes have been registered under the federal securities laws and will not bear any restrictions on transfer.
The Company will accept for exchange any and all of the outstanding Series A notes validly tendered and not withdrawn prior to 5:00 p.m. New York City time on June 13, 2006 (the "Expiration Date"), unless extended. Tenders of the outstanding Series A notes may be withdrawn at any time prior to 5:00 p.m. New York City time on the Expiration Date.
The terms of the exchange offer and other information relating to the Company are set forth in the prospectus dated May 12, 2006. Copies of the prospectus may be obtained from HSBC Bank USA, National Association, which is serving as the exchange agent in connection with this exchange offer. HSBC Bank USA, National Association 's address, telephone number and facsimile number are as follows:
This press release shall not constitute an offer to exchange nor a solicitation of an offer to exchange the original notes. The exchange offer is made only by the prospectus dated May 12, 2006.
This press release contains forward-looking statements within the meaning of the federal securities laws relating to the exchange offer. These statements are based upon management's current expectations and beliefs and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include market conditions and other factors beyond the Company's control and the risk factors and other cautionary statements discussed in the Company's filings with the U.S. Securities and Exchange Commission.
AMC Entertainment Inc. is a worldwide leader in the theatrical exhibition industry. Through its circuit, the company has interests in approximately 382 theatres with 5,340 screens in the United States, Canada, Mexico, Argentina, Brazil, Chile, Uruguay, Hong Kong, France, and the United Kingdom.
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