AMC Theatres

AMC Entertainment, the world's largest cinema chain, is preparing a $3.97 billion refinancing of its debt. Financial commentators are asking whether the deal will give the heavily indebted theatre operator more breathing room, as it continues to work through the debt load built up during the pandemic. The refinancing is being covered widely across finance outlets, with analysts weighing whether it eases pressure or merely delays the company's repayment problems.