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Cinemark USA To Commence Private Offering Of $530 Mln Of Senior Notes

Cinemark USA, Inc., a wholly owned subsidiary of Cinemark Holdings, Inc. (CNK) Tuesday announced a private offering of $530 million aggregate principal amount of senior notes due 2023.

The company intends to use the net proceeds from the sale, together with cash on hand, to finance a redemption of the 8.625 percent senior notes due 2019.

by RTTNews Staff Writer

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