|EX-4.1 - FIRST SUPPLEMENTAL INDENTURE, DATED AS OF DECEMBER 17, 2012 - AMC Networks Inc.||d456114dex41.htm|
|EX-5.1 - OPINION OF SULLIVAN & CROMWELL LLP - AMC Networks Inc.||d456114dex51.htm|
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
December 17, 2012
AMC NETWORKS INC.
(Exact name of registrant as specified in its charter)
|Delaware||No. 1-35106||No. 27-5403694|
(State or other jurisdiction
11 Penn Plaza
New York, NY
|(Address of principal executive offices)||(Zip Code)|
Registrants telephone number, including area code: (212) 324-8500
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
|¨||Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)|
|¨||Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)|
|¨||Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))|
|¨||Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))|
|Item 8.01||Other Events|
On December 17, 2012, AMC Networks Inc. (AMC Networks) issued, and certain of AMC Networks subsidiaries (hereinafter, the Guarantors) guaranteed, $600,000,000 aggregate principal amount of senior notes due December 15, 2022 (the Notes) in a registered public offering pursuant to an Underwriting Agreement, dated December 10, 2012, among AMC Networks, the Guarantors, and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as representative of the underwriters named in Schedule I thereto. AMC Networks used the net proceeds of this offering to repay the entire outstanding amount under its term loan B facility in an amount equal to approximately $588.0 million, with the remaining proceeds to be used for general corporate purposes. The Notes were registered by AMC Networks under the Securities Act of 1933, as amended, pursuant to a registration statement on Form S-3 (File No. 333-185361).
The Notes were issued pursuant to an indenture, dated as of December 17, 2012, as amended by the First Supplemental Indenture, also dated as of December 17, 2012, among AMC Networks, the Guarantors and U.S. Bank National Association, as Trustee.
The Notes will bear interest at a rate of 4.75% per annum and mature on December 15, 2022. Interest will be payable semiannually on June 15 and December 15 of each year, commencing on June 15, 2013. The Notes are AMC Networks general senior unsecured obligations and will rank equally with all of AMC Networks and the Guarantors existing and future unsecured and unsubordinated indebtedness, but will be effectively subordinated to all of AMC Networks and the guarantors existing and future secured indebtedness, including all borrowings and guarantees under AMC Networks senior secured credit facility, to the extent of the assets securing that indebtedness.
On or after December 15, 2017, AMC Networks may redeem Notes, at its option, in whole or in part, at any time and from time to time, at the redemption prices (expressed as percentages of principal amount) set forth below, plus accrued and unpaid interest thereon, to the applicable redemption date, if redeemed during the twelve month period beginning on December 15 of the years indicated below:
2020 and thereafter
A copy of the First Supplemental Indenture and the Form of Notes is attached as Exhibit 4.1 to this Current Report on Form 8-K.
|4.1||First Supplemental Indenture, dated as of December 17, 2012, to the Indenture, dated as of December 17, 2012, among AMC Networks, as issuer, the Guarantors and U.S. Bank National Association, as Trustee, and Form of Notes.|
|5.1||Opinion of Sullivan & Cromwell LLP.|
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
AMC NETWORKS INC.
|Name:||James G. Gallagher|
|Title:||Executive Vice President and General Counsel|
Dated: December 17, 2012