AMC CEO Says Fed Rate Cut to Save Co. $10M in Interest Per Annum

AMC Entertainment. should see an extra $10m or so of cash savings per year as a result of interest expense savings arising from the Federal Reserve’s rate cut this week, CEO Adam Aron says in a post on X.

• Aron says further rate cuts in the near future would help AMC with its debt, adding that each 25 basis point rate reduction could save the company around $5m of cash interest expense per year
• NOTE: Spurned Bondholders Sue AMC Entertainment Over Restructuring

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