debt
confidence high
sentiment neutral
materiality 0.60
Cinemark USA's tender offer for 5.875% Senior Notes due 2026 expires; 85.26% tendered
Cinemark Holdings, Inc.
- $345.285M aggregate principal (85.26%) validly tendered as of July 15, 2024 expiration.
- An additional $1.956M principal remains subject to guaranteed delivery procedures.
- Cinemark USA expects to accept all validly tendered notes and pay on July 18, 2024.
- Tender offer covered any and all of the outstanding 5.875% Senior Notes due 2026.