Amc Entertainment Holdings, Inc. · NYSE:AMC
Amc Entertainment — AMC/Silver Lake Investment Conference Call (September 2018)
6 slides from Amc Entertainment's conference presentation, Sep 14, 2018
Slide 1: AMC Entertainment Closes $600 Million Strategic Investment From Silver Lake
AMC Entertainment Closes $600 Million Strategic Investment From Silver Lake Announces Wanda Share Repurchase and Special Dividend September 14, 2018
Slide 2: Disclaimer
Disclaimer This presentation includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “forecast,” “plan,” “estimate,” “will,
Slide 3: Transaction Overview
Transaction Overview Establishing a Long-Term Partnership with Silver Lake while Returning Capital to Shareholders $600M $160M ~24M Strategic Special Wanda Shares Investment by Dividend to All Repurchased Silver Lake Shareholders ✓ Silver Lake has made a $600M strategic investment in AMC Entertainme
Slide 4: Strategic Rationale
Strategic Rationale ✓ The transaction further strengthens and diversifies AMC’s shareholder base and enabled Wanda to sell shares in an orderly manner • No change of control, Wanda remains a committed long-term shareholder • Upon equity conversion, Silver Lake would own approximately 23% of AMC • Si
Slide 5: Overview of Silver Lake
Overview of Silver Lake The Global Leader in Technology Investing ✓ Over $40 billion in combined assets under management and committed capital ✓ Global team of approximately 100 professionals ✓ 20 years of experience investing in technology leaders ✓ Proven track record of partnering with premier ma
Slide 6: Transaction Terms
Transaction Terms Silver Lake Investment • $600M senior unsecured convertible notes Security • 6-year maturity • $20.50 per share, pre-dividend Initial • The conversion price of the notes will be reduced by an amount Conversion Price equal to the special dividend to $18.95 per share • Other possible
AMC Entertainment Holdings — AMC/Silver Lake Investment Conference Call (September 2018) on 6ix