AMC Mergers and Acquisitions Presentation Deck
Transaction Financing Overview
($ in millions)
Fully committed financing
• TLB commitment of $560 million (under
existing accordion capacity)
✓ $325 million to fund acquisition
✓ $235 million to backstop the change
of control put option in the existing
Carmike notes
●
●
●
●
$300 million subordinated bridge loan
commitment
✓ Expected to be taken out with new
subordinated notes prior to close
Utilizing $205 million of combined
cash/revolver
Expected to close in Q4 2016
Expected to delever below 3.5x by year
end 2017
4mc
(1) Assumes Carmike bondholders do not exercise change of control put option.
Sources of Funds
Inc. Sr. Sec. TLB(1)
New Sr. Sub. Notes
Cash/Revolver
Total Sources
Uses of Funds
Amount
Total Uses
Cash to Carmike s/h
Transaction Fees
and Expenses
$325
300
205
$830
Amount
$757
73
$830
%
39%
36%
25%
100%
%
91%
9%
100%
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