AMC Networks to repay up to $450 million of term loans via new notes

By Tali Rackner

Minneapolis, July 19 – AMC Networks Inc. plans to repay up to about $450 million of loans under its term loan A facility using a portion of the proceeds from a new $800 million senior note offering, according to a market source.

Proceeds from the notes, which are due 2025 and were upsized from $500 million, will also be used for general corporate purposes.

AMC is a New York-based owner and operator of brands in cable television.

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