INFORMATION ABOUT OUR
At AMF, we've been taking steps to position our company for
long-term success, including making operational improvements
designed to provide an even better bowling experience for our
customers. We have also been working to give AMF the ability to
continue improving our centers, invest in growth opportunities and
be positioned to move forward with a stronger financial
On November 12, 2012, we announced an agreement on the terms of
a "pre-arranged" financial restructuring plan to eliminate a
significant amount of our corporate debt and filed voluntary
petitions for reorganization under Chapter 11 of the U.S.
Bankruptcy Code. On May 17, 2013, we filed a modified Joint Plan of
Reorganization and Disclosure Statement with the Bankruptcy Court.
Under this plan, a creditor group led by our second lien holders
will provide the economic support for AMF to exit Chapter 11 and
combine AMF and Bowlmor, a New York-based chain with six locations
and operate them as a single entity. This Plan is also supported by
AMF's Committee of Unsecured Creditors. We will now focus on
securing approval by the Court of Disclosure Statement so that it
can be mailed to creditors for solicitation of their approval of
the Plan. We will emerge from Chapter 11 and be combined with
Bowlmor after the Plan is confirmed by the Court, which we
anticipate occuring at the end of June.
AMF customers are continuing to be welcomed at our
bowling centers, leagues will continue to bowl as scheduled and
center events and promotions are continuing as
Additional information is available at the following links:
If you have a question, please call our Restructuring
Information Line: +1-866-967-0495 or +1-310-751-2695.