Latest in debt restructuring

EXCLUSIVE: The nation's largest theater chain AMC Entertainment is finalizing a deal with bondholders that would slash debt by up to $600 million, bring in $200 million in fresh cash and give it a lifeline into 2021, Deadline has learned. A $500 million bond sale in April as the coronavirus kicked the nation's economy…

Cash-strapped AMC Entertainment saw its stock surge in premarket trade as the nation's largest exhibitor is said to be closing in on a debt restructuring that will provide a cash cushion as its theaters remain shuttered. The shares were up 10.4% at $4.56 premarket but surrendered some gains when trading opened are up…