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Cinemark USA Announces Pricing Of $500M Senior Notes Due 2032

Author: Benzinga Newsdesk | July 09, 2024 04:24pm

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.

Posted In: CNK