Simpson Thacher represented Silver Lake in connection with its purchase of $600 million of 2.95% Convertible Senior Notes due 2024 of AMC Entertainment Holdings, Inc. (“AMC”). A portion of the proceeds from the issuance of the notes will be used by AMC to repurchase shares of the company from affiliates of Dalian Wanda Group Co. Ltd., AMC’s controlling shareholder, and to pay a special dividend to its shareholders.
AMC is the largest movie exhibition company in the U.S., in Europe and throughout the world with more than 1,000 theatres and nearly 11,000 screens across the globe.
The Simpson Thacher team includes Atif Azher, Fred de Albuquerque and Kira Mandella (M&A); Daniel Webb, Ken Wallach, Karen Reyes and Blake Meyer (Capital Markets); Jennifer Levitt, Mimi Cheng, Kate Bai and Christine Ristow (Banking and Credit); Jonathan Lindabury (Derivatives); Jacqueline Clinton (Tax); Tristan Brown, Ashlie Lawton and Alyssa Ohanian (Executive Compensation and Employee Benefits); Marcela Robledo and Marissa Lambert (Intellectual Property); Jennifer Nadborny (Public Company Advisory Practice); Jonathan Karen, Jordan Cross and Matthew Kemp (Funds); and Kelly Karapetyan and Ellen Frye (Antitrust).