debt
confidence high
sentiment neutral
materiality 0.50
Cinemark USA redeems all $150M of 8.750% Senior Secured Notes due 2025 on May 1, 2024
Cinemark Holdings, Inc.
- Optional full redemption of $150M aggregate principal of 8.750% Notes due 2025 on May 1, 2024.
- Redemption price is 100% of principal plus accrued and unpaid interest to the redemption date.
- After redemption, no 8.750% Notes will remain outstanding.
- Interest stops accruing on May 1, 2024 unless Cinemark defaults on payment.