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Stock impact report

AMC Networks Inc. Announces Private Offering of $125 Million of Convertible Senior Notes [Yahoo! Finance]

AMC Networks Inc. - Class A (AMCX) 
Last amc networks inc. - class a earnings: 2/26 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
offer, subject to market conditions and other factors, $125 million aggregate principal amount of convertible senior notes due 2029 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). In connection with the offering of the notes, AMC Networks expects to grant the initial purchasers an option to purchase, for settlement within a 13-day period beginning on, and including, the first day on which the notes are issued, up to an additional $18.75 million aggregate principal amount of the notes. AMC Networks expects to use the net proceeds from the offering for general corporate purposes, which may include the repayment of indebtedness. The notes will be fully and unconditionally guaranteed, on a joint and several basis, by each of AMC Networks' existing and future domestic subsidiaries that guarantee its existing credit facilities and senior notes, subject to Show less Read more
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