B. Riley Financial Announces Closing of Senior Notes Offering
- Press Release
LOS ANGELES, Dec. 24, 2013 /PRNewswire/ -- B. Riley & Co., LLC (B. RILEY), (www.brileyco.com), a leading full service, independent investment bank, has acted as Co-Manager in a $379 Million initial public offering for AMC Entertainment Holdings, Inc. (NYSE: AMCX).
The offering consisted of a total of 21,052,632 shares of Class A common stock priced at $18.00 per share, and included an overallotment of 2,631,579 shares which the underwriters exercised in full. The transaction closed December 23, 2013.
B. Riley's Chairman, Bryant Riley, and Managing Director, Ryan Bernath, led the banking team for this transaction.
Citigroup and BofA Merrill Lynch acted as joint book-running managers and representatives of the underwriters. Barclays and Credit Suisse acted as joint book-running managers. Co-Managers included B. Riley & Co., Barrington Research, FBR, HSBC, LOYAL3 Securities, Piper Jaffray & Co., Stifel, and Wedbush Securities.
The offering was conducted pursuant to an effective registration statement, which is on file with the Securities and Exchange Commission.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. Any offer, solicitation or sale will be made only by means of the prospectus supplement and the base prospectus.
About AMC Entertainment Holdings, Inc.:
AMC Theatres® delivers distinctive and affordable movie-going experiences at 343 theatres and 4,950 screens primarily in the United States. AMC has propelled a history of industry innovation and continues today by delivering comfort and convenience, enhanced food and beverage, guest engagement and loyalty, premium sight and sound and targeted programming to audiences in its theatres across the United States.
About B. RILEY & CO.:
B. Riley & Co. is a leading independent investment bank which provides a full array of corporate finance, research, sales, trading and otcqx dad services to corporate, institutional and high net worth individual clients. Investment banking services include initial, secondary and follow-on offerings, institutional private placements, and merger and acquisitions advisory to public and private middle market companies. The firm is recognized for its distinguished equity research. Founded in 1997, B. RILEY is headquartered in Los Angeles and maintains offices in Newport Beach, San Francisco, Del Mar and New York. It is a member of FINRA and SIPC. For more information, please visit www.brileyco.com.
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