On 27 January 2021, subsidiaries of the Silver Lake Group, LL.C. (“Silver Lake”) and certain co-investors (collectively the “Noteholders”) decided to convert all (the “Conversion”) $ 600 million of the Company 2? 95% Convertible Senior Secured Notes due 2026 into common stock of the class A of the company at a conversion price of $ 1351 per share January 2021 and to issue 44422860 Class A common shares of the company will lead to shareholders The conversion will also reduce the company’s first debt by $ 600 million

Under the share buyback and cancellation agreement (the “Share Buyback Agreement” ????) with Wanda Entertainment America, Inc (“Wanda”), dated 14 September 2018, 5666000 Wanda class B common shares of the company will expire and will be canceled in connection with the conversion

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AMC Entertainment

World News – FI – AMC Entertainment (AMC) emergency holders have decided to convert $ 600 million from 295% convertible senior-secured notes maturing 2026 into class common stock A.

Source: https://www.streetinsider.com/Corporate+News/AMC+Entertainment+%28AMC%29+noteholders+elected+to+convert+%24600+million+of+2.95%25+convertible+senior+secured+notes+due+2026+into+shares+of+class+A+common+stock/17875994.html