AMC Enters Talks With Bondholders, Sparking Slump in Debt Prices

Bloomberg A group of AMC Entertainment Holdings Inc. bondholders is kicking off confidential talks with the theater chain, prompting some of its notes to tumble amid concerns a broader debt move may be afoot. Some holders of the 15% bonds are entering restricted talks with AMC, according to people familiar with the matter, who asked not to be identified discussing private information. The notes, which are due in February 2029, dropped more than 5 cents on the dollar on Friday to 98.5 cents, the most sinc ...