Carmike Cinemas amends facility to allow acquisition of 19 complexes

By Marisa Wong

Madison, Wis., Nov. 7 - Carmike Cinemas, Inc. entered into a second amendment to its credit agreement dated April 27, 2012 with Macquarie US Trading LLC as the administrative agent and syndication agent on Nov. 4 in connection with an acquisition, according to an 8-K filing with the Securities and Exchange Commission.

The amendment amends the credit agreement's limitations on debt, liens and financing obligations that may be incurred or assumed, in each case to permit specified lease obligations, including those being assumed upon closing of Carmike's acquisition of nine entertainment complexes from Muvico Entertainment, LLC.

Carmike is a motion picture exhibitor based in Columbus, Ga.

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