There’s a battle brewing behind the scenes at beleaguered movie theater chain AMC Entertainment.

A group of lenders led by Apollo Global Management is trying to dissuade AMC from taking a debt-restructuring offer from Silver Lake Group, proposing a competing deal that would carry the cinema chain through the pandemic, The Wall Street Journal said.

Citing anonymous sources, the report said the proposal, made this week by senior lenders including Apollo, Davidson Kempner Capital Management and Ares Management, includes several options with more cash than the Silver Lake.