AMC Networks Inc. Enters Material Agreement, Incurs Financial Obligation
Ticker: AMCX · Form: 8-K · Filed: Oct 30, 2025 · CIK: 1514991
Sentiment: neutral
Topics: material-agreement, financial-obligation
Related Tickers: AMCX
TL;DR
AMC Networks just signed a big deal and took on new debt. Watch this space.
AI Summary
AMC Networks Inc. entered into a material definitive agreement on October 29, 2025. This filing also indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant. The report was filed on October 30, 2025.
Why It Matters
This filing signals a significant new financial commitment or partnership for AMC Networks Inc., which could impact its future operations and financial standing.
Risk Assessment
Risk Level: medium — The nature of the material definitive agreement and the financial obligation are not detailed, introducing uncertainty about potential risks.
Key Players & Entities
- AMC Networks Inc. (company) — Registrant
- October 29, 2025 (date) — Date of earliest event reported
- October 30, 2025 (date) — Filing date
- 11 Penn Plaza, New York, NY 10001 (address) — Principal executive offices
FAQ
What is the nature of the material definitive agreement entered into by AMC Networks Inc.?
The filing does not specify the details of the material definitive agreement.
What type of financial obligation has AMC Networks Inc. incurred?
The filing states the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement, but does not provide specifics.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on October 29, 2025.
What is the filing date of this 8-K report?
This 8-K report was filed on October 30, 2025.
Where are AMC Networks Inc.'s principal executive offices located?
AMC Networks Inc.'s principal executive offices are located at 11 Penn Plaza, New York, NY 10001.
Filing Stats: 804 words · 3 min read · ~3 pages · Grade level 9.6 · Accepted 2025-10-30 16:02:31
Key Financial Figures
- $0.01 — stered Class A Common Stock, par value $0.01 per share AMCX The NASDAQ Stock Market
- $111.8 million — o Amendment No. 5, the maturity date of $111.8 million of commitments under the Revolving Cred
- $50.0 million — outstanding principal amount exceeding $50.0 million. The remaining $63.2 million of commitm
- $63.2 million — exceeding $50.0 million. The remaining $63.2 million of commitments under the Revolving Cred
- $165.7 m — an aggregate principal amount equal to $165.7 million, at a price equal to the principa
- $85.6 million — r the Credit Agreement is approximately $85.6 million. Amendment No. 5 also includes certain
Filing Documents
- amcx-20251029.htm (8-K) — 31KB
- amcx-103025xex101.htm (EX-10.1) — 2047KB
- 0001514991-25-000048.txt ( ) — 2485KB
- amcx-20251029.xsd (EX-101.SCH) — 2KB
- amcx-20251029_lab.xml (EX-101.LAB) — 21KB
- amcx-20251029_pre.xml (EX-101.PRE) — 12KB
- amcx-20251029_htm.xml (XML) — 3KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement. Amendment No. 5 to Credit Agreement On October 29, 2025, AMC Networks Inc. ("AMC Networks") entered into Amendment No. 5 ("Amendment No. 5") to the Second Amended and Restated Credit Agreement, dated as of July 28, 2017 (as amended to date and by Amendment No. 5, the "Credit Agreement"), among AMC Networks and its subsidiary, AMC Network Entertainment LLC ("AMC Network Entertainment"), as the initial borrowers, certain of AMC Networks' subsidiaries, as restricted subsidiaries, Bank of America, N.A., as an L/C Issuer, the lenders party thereto, and JPMorgan Chase Bank, N.A., as Administrative Agent, Collateral Agent and an L/C Issuer. Pursuant to Amendment No. 5, the maturity date of $111.8 million of commitments under the Revolving Credit Facility was extended to the earlier of (i) October 29, 2030 and (ii) the date that is 90 days prior to the maturity date of any capital markets indebtedness of AMC Networks with an aggregate outstanding principal amount exceeding $50.0 million. The remaining $63.2 million of commitments under the Revolving Credit Facility retained their existing maturity date of April 9, 2028. In connection with Amendment No. 5, AMC Networks repurchased and permanently retired term loans held by certain lenders that consented to the maturity extension, in an aggregate principal amount equal to $165.7 million, at a price equal to the principal amount thereof plus accrued and unpaid interest. After giving effect to these repurchases, the remaining principal amount of the term loans outstanding under the Credit Agreement is approximately $85.6 million. Amendment No. 5 also includes certain other modifications to covenants and other provisions of the Credit Agreement, including a reduction in the minimum interest coverage ratio from 2.00:1.00 to 1.50:1.00, with a step-up to 1.75:1.00 for fiscal quarters ending on or after December 31, 2028. The foregoing summary is qualified in its entirety by
01 Exhibits
Item 9.01 Exhibits. (d) Exhibits. Exhibit Number Item 10.1 Amendment No. 5, dated as of October 29, 2025, to Second Amended and Restated Credit Agreement, dated as of July 28, 2017, among AMC Networks and its subsidiary, AMC Network Entertainment, as the initial borrowers, certain of AMC Networks' subsidiaries, as restricted subsidiaries, Bank of America, N.A., as an L/C Issuer, the lenders party thereto, and JPMorgan Chase Bank, N.A., as Administrative Agent, Collateral Agent and an L/C Issuer. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. AMC Networks Inc. Date: October 30, 2025 By: /s/ Anne G. Kelly Anne G. Kelly Executive Vice President and Corporate Secretary