by Brandon Butler
AMC Clings to Life with More Debt 7/10/2020

Brent Lang at Variety:

AMC Theatres reached a debt agreement on Friday that could help the heavily leveraged exhibition chain avoid or at least forestall a liquidity crisis.

I don’t understand debt management at this level, so I didn’t even bother quoting the relevant details of the debt plan. But AMC has two big factors working against it: COVID-19 is on a sudden and dangerous rise in the US and their CEO is a blockhead.