BUZZ-AMC slides after announcing $200 million stock offering

AMC Entertainment Holdings, Inc. Class A

AMC Entertainment Holdings, Inc. Class A

AMC

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** Theater chain AMC Entertainment's AMC.N shares fall 20.6% to $2.18 premarket

** Co plans to sell 95.25 mln shares, raising ~$200 mln

** Proceeds to mainly redeem all $125.5 million of 6.125% notes due 2027

** Remaining funds may be used to repay other debt, fund theater upgrades and other expenses

** Roth Capital Partners is the sole placement agent for offering

** Up to last close, stock has risen 76.9% so far this year


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