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AMC Entertainment Holding Inc announces pricing of initial public offering


Tuesday, 17 Dec 2013 08:14pm EST 

AMC Entertainment Holding Inc:Prices its initial public offering of 18,421,053 shares of its Class A common stock at $18.00 per share.Says it has granted the underwriters a 30-day option to purchase up to an additional 2,631,579 shares at the initial public offering price, less underwriting discounts and commissions.Says the shares are expected to begin trading on the New York Stock Exchange under the symbol AMC on a when-issued basis Dec. 18 and on a regular-way basis Dec. 23.Says the offering is expected to close on or about Dec. 23.Says the net proceeds of the offering are expected to be about $314.2 mln.Says it intends to use the net proceeds from the offering primarily to retire outstanding indebtedness and also for general corporate purposes, including capital expenditures. 

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