debt
confidence high
sentiment neutral
materiality 0.45
Cinemark USA calls $100M of 8.750% Senior Secured Notes due 2025
Cinemark Holdings, Inc.
- Optional redemption of $100M aggregate principal at 102.188% plus accrued interest.
- Redemption date is May 1, 2023; interest ceases on that date unless default.
- After redemption, $150M of the 8.750% Notes remain outstanding.
- Redemption notice sent to trustee; no default in payment expected.