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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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DISCLAIMER: Content, strategies and opinions on this channel are for entertainment purposes only. These are Tony's opinions, not specific investment or legal advice for you. Always do your own due diligence, read company filings and financial statements and seek a duly licensed professional for investment, tax or legal advice. Past performance is not a predictor of future results. This is not personalized but rather general educational and informational material.
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