AMC Entertainment reached an agreement with Deutsche Bank, Carronade Capital Management and Bracebridge Capital to amend a covenant on one of its notes. The amendment lifts restrictions on refinancing debt for its Muvico and Odeon theatre subsidiaries, enhancing flexibility for upcoming debt restructuring.

The company expects to post a $632.4 million net loss for fiscal 2025, a substantial increase from the $352.6 million loss in 2024. Despite wider losses, AMC anticipates 4.6% net revenue growth and a 13% rise in adjusted earnings for the year.

Chief Executive Adam Aron noted that first-quarter year-to-date box office revenue is approximately 9% above last year’s levels. He projected that a strong film slate in the remainder of 2026 will drive significant industry and company growth.