Cinemark Holdings (CNK) Prices $500M Notes Offering
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Cinemark USA, Inc. Announces Pricing of $500 Million Senior Notes
July 9, 2024 4:15 PM EDTPLANO, Texas--(BUSINESS WIRE)-- Cinemark Holdings, Inc. (NYSE: CNK) (Cinemark or the Company) announced today that its wholly-owned subsidiary, Cinemark USA, Inc. (Cinemark USA), priced a private offering (the Offering) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the Securities Act), to eligible purchasers of $500 million aggregate principal amount of its 7.0% Senior Notes due 2032 (the Notes) at the initial offering price of 100.000% of the principal amount plus accrued and unpaid interest from July 18, 2024. The Offering is expected to close on July 18, 2024, subject to customary closing conditions.
The Notes will be guaranteed... More
