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AMC Revises Odeon-Linked Collateral Terms for 2029 Notes

Tipranks - Thu Feb 26, 6:12AM CST

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AMC Entertainment ( (AMC) ) has issued an update.

On February 24, 2026, AMC Entertainment, its subsidiary Muvico and certain holders of Muvico’s Senior Secured Notes due 2029 agreed to amend the indenture governing those notes, changing how new collateral from the Odeon Group will secure the debt. Under the amendment, any additional security interests in Odeon Group property that would serve as collateral for the 2029 Notes will now be granted on a junior basis to certain existing debt and its permitted refinancings, including new debt offerings that AMC had announced on February 23, 2026.

Also on February 24, 2026, AMC, Muvico, the other guarantors and CSC Delaware Trust Company entered into a supplemental indenture to put the amendment into effect, formally subordinating potential future Odeon Group collateral for the 2029 Notes. The change clarifies the priority of claims on assets linked to the Odeon Group, which may affect the risk profile and recovery expectations of different creditor groups within AMC’s capital structure.

The most recent analyst rating on (AMC) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on AMC Entertainment stock, see the AMC Stock Forecast page.

Spark’s Take on AMC Stock

According to Spark, TipRanks’ AI Analyst, AMC is a Neutral.

The score is held down primarily by weak financial performance (persistent losses, negative operating/free cash flow, and negative equity) and bearish technicals (below key moving averages with negative MACD). Earnings-call and corporate-event updates provide a partial offset through improving operating metrics and active refinancing actions, but valuation support is limited by negative earnings and no dividend data.

To see Spark’s full report on AMC stock, click here.

More about AMC Entertainment

AMC Entertainment Holdings, Inc. operates in the cinema exhibition industry, running movie theatres and related entertainment venues through various subsidiaries. The company’s operations include brands such as Muvico and the Odeon Group, positioning AMC as a major player in the global theatrical exhibition and cinema-focused leisure market.

Average Trading Volume: 34,060,221

Technical Sentiment Signal: Strong Sell

Current Market Cap: $619.6M

Find detailed analytics on AMC stock on TipRanks’ Stock Analysis page.

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