AMC Bonds Rise in HY After Special Master Backs Conversion Plan

Two AMC Entertainment Holdings bonds led gainers in high-yield secondary trading Thursday after a special master review on a court hearing that challenges the movie-theater operator’s conversion plan recommended approving the deal.

Read more: AMC-APE Spread Tightens as Special Master Supports Conversion

• The movie-theater operator’s 10% bond maturing in June 2026 rose 2.438 cents on the dollar to 72.438 cents as of 9:40 a.m. in New York, according to Trace data
  • Another bond due February 2029 and is among the day’s most actively traded, also gained
• Late Wednesday, special master Corinne Elise Amato recommended the court deny objections to a ...