S&P Raises AMC Theatres’ Rating, But Warns Debt Load Is “Unsustainable” ...Middle East

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S&P Raises AMC Theatres’ Rating, But Warns Debt Load Is “Unsustainable”
S&P Global has raised its credit rating for AMC Entertainment Holdings, but the mega-exhibitor remains far from taming its overall debt load, even after a recent new debt issue. AMC saw its ratings bumped up to ‘CCC+’, from ‘SD’ (selective default), but has a negative outlook after the cinema chain issued a new $2 billion […]

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