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Odeon & UCI repays floating-rate notes, 9% notes on acquisition close
New York, Nov. 30 – Odeon & UCI Finco plc said it repaid its £300 million of 9% senior secured notes due 2018 and its €200 million of floating-rate senior secured notes due 2018 on Nov. 30.
Redemption of the notes was completed as part of the acquisition of Odeon & UCI Finco’s indirect parent company Odeon & UCI Cinemas Holdings Ltd. by AMC Entertainment Holdings Inc.
That acquisition also closed on Nov. 30.
AMC Entertainment is a Leawood, Kan., operator of movie theaters. Odeon & UCI is also a movie theater operator, based in London. It was previously owned by private equity company Terra Firma.
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