Moody’s Ratings upgraded AMC Entertainment’s Corporate Family Rating to B3 from Caa2 and assigned a B1 rating to new five-year senior secured first-lien debt due in 2031. Moody’s also raised AMC’s Speculative Grade Liquidity rating to SGL-3 from SGL-4 and changed its outlook to positive from stable. The upgrades follow AMC’s plan to refinance nearly all existing debt through about $3.97 billion of new financing, including an $850 million first-lien term loan, roughly $2 billion of first-lien notes and $1.12 billion of second-lien term loans. The proceeds will repay about $3.7 billion of existing debt and extend the weighted-average maturity to roughly six years from three, while potentially lowering borrowing costs to around 9% from about 11%. Moody’s cited stronger operating performance and lower refinancing pressure. In the first half of 2026, attendance rose 14%, ticket prices 3% and food-and-beverage spending 4%, driving revenue up 17% and EBITDA 274%. $AMC