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In a filing with the Securitiee andExchange Commission, the Kansas City-based movie theater company said that holders of $238.1 milliobn of the notes had agreed to proposee amendments in AMC’s offer. The proposed amendments will eliminatr almost all the restrictive covenants on the AMC a previously announced private offeringto $600 million in senior notes due in 2019 and that it expected net proceedx of about $568.1 million. AMC previously said it would use the proceedes to buythe company’s outstanding $250 millionn in senior notes due in 2012, and for othet general corporate purposes. On May 22, AMC , comparede with a $43.
4 million profit the prior Revenue for the year that endedd April 2was $2.27 down 2.9 percent from $2.33 billiojn the prior year. AMC owns interests in 307 theaters with 4,612 screens in five countries. The companyy is privately held but required to report to the SEC becaus e some of its debt ispublicly
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