logo
Share SHARE
FONT-SIZE Plus   Neg

Cinemark USA Announces Pricing Of $530 Mln Of 4.875% Senior Notes Due 2023

Cinemark Holdings, Inc. (CNK) announced that its wholly-owned subsidiary, Cinemark USA, Inc. priced private offering of $530 million of 4.875% Senior Notes due 2023. The company expects to close the offering on May 24, 2013.

The 2023 Notes will be guaranteed by certain of subsidiaries that guarantee or become liable with respect to any of the Company's and the guarantors' other debt.

The company intends to use the net proceeds from the sale of the 2023 Notes, together with cash on hand, to finance a redemption of its 8.625% Senior Notes due 2019.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
They say there's plenty of fish in the sea, but very few of them are as wealthy as these tycoons. May be they have been so busy building their empires they never had the time to stick with a perfect partner to build their family. This list of the richest singles is assorted — from a 34 year-old... Anthony Levandowski, the head of Uber's self-driving division, is stepping away from his role as Uber continues a legal battle with Waymo, Levandowski's former employer. Levandowski, who founded startup Otto, became head of Uber's Advanced Technologies Group or ATG after Otto was acquired by Uber in August 2016. Southwest Airlines Co. has decided to end the practice of overbooking flights, the airline's CEO Gary Kelly said Thursday. The airline's plan to end overbooking could be implemented from May 8, according to a Southwest spokeswoman.
comments powered by Disqus
Follow RTT