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AMC - Why the Interest Expense went UP $20M and will stay that way.
AMC - Why the Interest Expense went UP $20M and will stay that way, at least in the near term unless interest rates continue to fall. Due Diligence discussion on AMC's Income Statement reported interest expense after the July 2024 debt restructuring deal involving it's Term Loan and PIK Toggle Subordinated debt, which was affected by accounting rules regarding Net Discount Amortization. #TonyDenaro #AMC #InterestExpense
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