...Fitch assigned a `B/RR4' rating to AMC's senior unsecured note offering due 2019. The proceeds are expected to be used to fund the company's tender offer of its $250 million 8.625% senior unsecured notes due 2012 and for general corporate purposes, which may include retirement of other indebtedness at AMC (including any amounts of the $250 million 8.625% senior notes not purchased through the tender offer), Marquee Holdings (Marquee, the parent company) or AMC Entertainment Holdings Inc. (AMC Holdco, parent of Marquee). The announced tender offer provides for $1,030 per $1,000 in principal amount if tendered on or before June 8, 2009 (the consent date). AMC is seeking consent to amend the 2012 senior notes and eliminate substantially all of the restrictive covenants. The tender offer is scheduled to expire June 22, 2009. AMC intends to redeem any remaining notes after Aug. 15, 2009, at the redemption price of $1,021.56 per $1,000, as provided in the terms of the indenture. AMC's ratings...
|
| Report Type: | Newsletter
|
| Company(ies): | AMC Entertainment Inc., Entergy New Orleans, Inc., Advanced Micro Devices, Inc., Celestica Inc., Pride International, Inc., Visteon Corporation, Mediacom Communications Corporation, BankUnited Financial Corporation, Peabody Energy Corporation, Sanmina-SCI Corporation, Flextronics International, Ltd., The AES Corporation, American Tower Corporation, Jabil Circuit, Inc., Tyson Foods, Inc.
|
| Ticker(s): | TSN , AMT , VSTN , JBL , FLEX , MCCC , BKUNQ , AMD , CLS , AES , PDE , BTU , SANM
|
| Issuer: | Visteon Corporation
|
| Free Sample: |
Click Here to Download
|
| Format: | | PDF |  |
|