NEW YORK CITY, March 06, 2026 (WORLD NEWSWIRE)– AMC Networks Inc. (” AMC Networks” or the “Business”) (NASDAQ: AMCX) revealed today the expiration and outcomes of the formerly revealed and extended authorization solicitation (the “Approval Solicitation”) obtaining permissions (” Authorizations”) from the holders of its existing 10.50% Senior Guaranteed Notes due 2032 (the “Notes”) to modify the indenture governing the Notes to (1) modify the covenant that restricts limited payments in order to allow buybacks, purchases, redemptions, retirements or other acquisitions of AMC Networks Inc.’s equity interests in an aggregate quantity not to surpass $50,000,000; (2) modify the covenant that restricts transfers or licenses of specific hallmarks to unlimited subsidiaries to just allow transfers of non-exclusive licenses; and (3) limit financial investments in unlimited subsidiaries made pursuant to the meaning of “Permitted Investments” to specific defined stipulations in such meaning (the “Changes”).
The Approval Solicitation ended at 5:00 p.m., New york city City time, on March 6, 2026 (the “Expiration Date”). Since the Expiration Date, the Business has actually been encouraged by D.F. King & & Co., Inc., the Details, Inventory and Paying Representative for the Approval Solicitation, that Authorizations of the holders of roughly 99.8% in aggregate principal quantity of the impressive Notes (aside from the Notes beneficially owned by the Business or its affiliates) ballot as a single class were validly provided and not validly withdrawed.
The Business anticipates to pay the holders of Notes who validly provided (and did not validly withdraw) Authorizations prior to the Expiration Date, aggregate money factor to consider of $2,000,000, or roughly $5.01 per $1,000 principal quantity of the Notes, on or about March 10, 2026, based on the terms explained in the Approval Solicitation Declaration.
This news release is not a deal to offer or acquire, or a solicitation of a deal to offer or acquire, any securities and will not make up a deal, solicitation or sale in any state or jurisdiction in which, or to anyone to whom such a deal, solicitation or sale would be illegal.
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