On February 23, 2026, AMC Networks Inc. announced a private exchange offer for its outstanding 10.25% Senior Secured Notes due 2029, proposing to exchange them for new 10.50% Senior Secured Notes due 2032, involving approximately $875 million in notes. Eligible holders can receive $1,065 or $1,015 for every $1,000 of old notes depending on the tender timing, plus consent for amending covenants.