{"id":20246,"date":"2023-09-15T15:57:40","date_gmt":"2023-09-15T15:57:40","guid":{"rendered":"https:\/\/www.duck9.com\/blog\/?p=20246"},"modified":"2023-09-15T11:58:16","modified_gmt":"2023-09-15T15:58:16","slug":"amc-can-now-issue-dividends-labcs1453","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/amc-can-now-issue-dividends-labcs1453\/","title":{"rendered":"AMC Can Now Issue Dividends, LABCS1453"},"content":{"rendered":"<div class=\"postie-post\">\n<div>\n<div dir=\"ltr\"><a href=\"https:\/\/x.com\/bossblunts1\/status\/1702216330261242095?s=43&amp;t=NipKy21fekvPoZS5MA8-lQ\"><\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" border=\"0\" style=\"border:1px solid #ccd6dd; border-radius: 12px;\" width=\"500\" bgcolor=\"#ffffff\">\n<tbody>\n<tr>\n<td colspan=\"3\" style=\"font-size: 0px; line-height: 0px;\" height=\"12\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td width=\"18\" style=\"font-size: 0px; line-height: 0px; min-width: 18px;\">&nbsp;<\/td>\n<td>\n<table cellpadding=\"0\" cellspacing=\"0\" border=\"0\" width=\"464\" align=\"left\">\n<tbody>\n<tr valign=\"top\">\n<td width=\"48\" valign=\"top\"><a href=\"https:\/\/x.com\/bossblunts1?s=43\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/profile_images\/1648786715081945090\/K4_a-wuE_normal.jpg\" style=\"border-radius: 50%; padding: 0px;\" height=\"48\" width=\"48\" data-unique-identifier=\"\"><\/a><\/td>\n<td width=\"8\" style=\"font-size: 0px; line-height: 0px; min-width:8px;\"><img decoding=\"async\" src=\"https:\/\/ea.twimg.com\/email\/self_serve\/media\/spacer.png\" width=\"8\" data-unique-identifier=\"\"><\/td>\n<td valign=\"middle\" width=\"388\" style=\"min-width: 388px;\">\n<table cellpadding=\"0\" cellspacing=\"0\" border=\"0\" align=\"left\" width=\"388\">\n<tbody>\n<tr>\n<td align=\"left\" width=\"388\"><b><a href=\"https:\/\/x.com\/bossblunts1?s=43\" style=\"font-family: Helvetica, Arial, san-serif; font-size: 14px; line-height: 18px; color: #292c2f; text-decoration: none;\">The Butcher of Wall Street Marcel Kalinovic<\/a><\/b><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><a href=\"https:\/\/x.com\/bossblunts1?s=43\" style=\"font-family: Helvetica, Arial, san-serif; font-size: 14px; line-height: 18px; text-decoration: none; color: #7e8c98;\">\u2066\u202a@BossBlunts1\u202c\u2069<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<td valign=\"top\" width=\"20\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ea.twimg.com\/email\/self_serve\/media\/logo_twitter-1497383721365.png\" height=\"20\" width=\"24\" data-unique-identifier=\"\"><\/td>\n<\/tr>\n<tr>\n<td height=\"9\" colspan=\"4\" style=\"font-size: 0px; line-height:0px;\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ea.twimg.com\/self_serve\/media\/spacer_464x1-1582829598167.png\" width=\"464\" height=\"1\" data-unique-identifier=\"\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"font-family: Helvetica, Arial, san-serif;color: #292c2f; font-size: 18px; line-height: 24px; text-decoration: none;\">&#x1f6a8;BREAKING NEWS&#x1f6a8;<br \/><a href=\"https:\/\/x.com\/search?q=%23AMC&amp;src=hash\">#AMC<\/a> CAN NOW ISSUE DIVIDENDS&#x203c;&#xfe0f;<\/p>\n<p>THE AMC BOND&#8217;S DEBT COVENANTS THAT HAVE PREVENTED <a href=\"https:\/\/x.com\/AMCTheatres\">\u2066\u202a@AMCTheatres\u202c\u2069<\/a> FROM ISSUING DIVIDENDS, APPEAR TO HAVE BEEN PAID OFF BY AMC WITH THEIR FRESH INFUSION OF $325 MILLION IN CASH RAISED BY THEIR 40 MILLION SHARE ISSUANCE COMPLETED SEPT\u2026 <a href=\"https:\/\/t.co\/6StIWwEXEo\"><span>pic.twitter.com\/6StIWwEXEo<\/span><\/a><\/td>\n<\/tr>\n<tr>\n<td height=\"3\" colspan=\"4\" style=\"font-size: 0px; line-height:0px;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\"><a href=\"https:\/\/x.com\/bossblunts1\/status\/1702216330261242095?s=43&amp;t=NipKy21fekvPoZS5MA8-lQ\" style=\"font-family: Helvetica, Arial, san-serif;color: #667785; font-size: 14px; line-height: 18px; text-decoration:none;\">9\/14\/23, 2:02 AM<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<td width=\"18\" style=\"font-size: 0px; line-height: 0px; min-width: 18px;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td colspan=\"3\" style=\"font-size: 0px; line-height: 0px;\" height=\"12\">&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/a><\/div>\n<div>&#x1f6a8;BREAKING NEWS&#x1f6a8;<\/div>\n<div>#AMC CAN NOW ISSUE DIVIDENDS&#x203c;&#xfe0f;<\/div>\n<div><\/div>\n<div>THE AMC BOND&#8217;S DEBT COVENANTS THAT HAVE PREVENTED @AMCTheatres FROM ISSUING DIVIDENDS, APPEAR TO HAVE BEEN PAID OFF BY AMC WITH THEIR FRESH INFUSION OF $325 MILLION IN CASH RAISED BY THEIR 40 MILLION SHARE ISSUANCE COMPLETED SEPT 13, 2023&#x203c;&#xfe0f;&#x1f911;&#x1f4b0;<\/div>\n<div>WHO PAYS DIVIDENDS&#x2049;&#xfe0f;<\/div>\n<div>&#x1fa73;&#x1fa73;&#x1fa73; SHORTS ACCOUNTS 1ST AND FOREMOST ARE AUTOMATICALLY DEBITED BY BROKERS FOR THE FUNDS REQUIRED TO PAY DIVIDENDS TO LONG STOCKHOLDERS &#x1f60e;&#x1f37b;<\/div>\n<div>To Quote @McSqueezyTheCow&#8217;s earlier tweet reply;<\/div>\n<div>&#8220;\u201cPaying down debt early by exercising callable bonds saves a company interest expense and prevents the company from being put in financial difficulties in the long term if economic or financial conditions worsen.\u201d [Investopedia]<\/div>\n<div><\/div>\n<div>If #AMC did, in fact, call back these #bonds, they would save a lot of money on whatever the remaining interest payment amounts would have been until these bonds matured in 2026&nbsp;<\/div>\n<div><\/div>\n<div>Additionally, the bonds shown in the screenshot are rated CCC- meaning they are high-yield bonds, as their credit worthiness is on the lower end. &nbsp;This just means, in terms of bond ratings, that the bonds have a higher likelihood of defaulting than higher rated bonds.<\/div>\n<div><\/div>\n<div>So, IF these bonds are gone, like I believe this post is suggesting, AMC would save money and should improve its overall credit rating, by eliminating debt that was rated unfavorably.<\/div>\n<div><\/div>\n<div>Further, being able to pay down debt, ESPECIALLY, in a higher inflationary environment bodes well for would-be investors, as it show\u2019s strength on the company.&#8221;&nbsp;<\/div>\n<div><\/div>\n<div>Credit @McSqueezyTheCow&nbsp;<\/div>\n<div>@MatthewDeCoy @RobertM59744294&nbsp;<\/div>\n<div>and especially&nbsp;<\/div>\n<div>@AmcPantheon for previously discussing the debt covenants with me ad-nauseum in the past to really drill this home.&nbsp;<\/div>\n<div><\/div>\n<div>As soon as I laid eyes on the bond dates, I realized these ARE, in fact the bonds whos covenants prevented a dividend issuance.&nbsp;<\/div>\n<div><\/div>\n<div>That dividend is now ON THE TABLE.&nbsp;<\/div>\n<div><\/div>\n<div>Could it have disappeared coincidentally? Yes&#8230;<\/div>\n<div>But i don&#8217;t believe that to be the case.&nbsp;<\/div>\n<div><\/div>\n<div>In Jan and June 2021 it took a couple weeks from share issuance for the stock prices to run up THOUSANDS of %.<\/div>\n<div>I won&#8217;t be surprised if that happens again.<\/div>\n<div><img decoding=\"async\" alt=\"image0.jpeg\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2023\/09\/image0-15.jpeg\"><img decoding=\"async\" alt=\"image1.jpeg\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2023\/09\/image1-10.jpeg\"><\/div>\n<p><\/p>\n<div dir=\"ltr\">\n<div dir=\"ltr\"><span style=\"background-color: rgba(255, 255, 255, 0);\">WordPress\u2019d from my personal iPhone,&nbsp;<a href=\"tel:650-283-8008\" dir=\"ltr\" x-apple-data-detectors=\"true\" x-apple-data-detectors-type=\"telephone\" x-apple-data-detectors-result=\"1\">650-283-8008<\/a>, number that&nbsp;Steve Jobs texted me on<img decoding=\"async\" alt=\"image2.jpeg\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2023\/09\/image2-9.jpeg\"><img decoding=\"async\" alt=\"image3.jpeg\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2023\/09\/image3-7.jpeg\"><\/span><\/div>\n<div dir=\"ltr\"><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/div>\n<div dir=\"ltr\">\n<div><font color=\"#000000\"><span style=\"caret-color: rgb(0, 0, 0); background-color: rgba(255, 255, 255, 0);\">https:\/\/www.YouTube.com\/watch?v=ejeIz4EhoJ0<\/span><\/font><\/div>\n<div><span style=\"font-size: 13pt;\"><br \/><\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; &nbsp; The Butcher of Wall Street Marcel Kalinovic \u2066\u202a@BossBlunts1\u202c\u2069 &#x1f6a8;BREAKING NEWS&#x1f6a8;#AMC CAN NOW ISSUE DIVIDENDS&#x203c;&#xfe0f; THE AMC BOND&#8217;S DEBT COVENANTS THAT HAVE PREVENTED \u2066\u202a@AMCTheatres\u202c\u2069 FROM ISSUING DIVIDENDS, APPEAR TO HAVE BEEN PAID OFF BY AMC WITH THEIR FRESH INFUSION OF $325 MILLION IN CASH RAISED BY THEIR 40 MILLION SHARE ISSUANCE COMPLETED SEPT\u2026 pic.twitter.com\/6StIWwEXEo [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20247,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-20246","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/20246","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/comments?post=20246"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/20246\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media\/20247"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=20246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=20246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=20246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}