AMC Theatres announced that its subsidiary Odeon plans to use the funds raised from the latest financing for refinancing the 12.750% senior secured notes due in 2027.

This move aims to optimize the debt structure and alleviate the financial pressure caused by high-yield notes. Through refinancing arrangements, Odeon is expected to reduce interest expenses and improve cash flow. If the restructuring of these notes, which carry an annual interest rate as high as 12.750%, is successful, it will create more flexible financial space for AMC Theatres' European business unit. Market analysis suggests that this operation reflects AMC Theatres' strategic intention to actively manage the maturity structure of its debt. Against the backdrop of the cinema industry's recovery, reducing financing costs is of key significance for the company's long-term development.