Cinemark issues conditional call for $775 million 4 7/8% notes due 2023

By Wendy Van Sickle

Columbus, Ohio, May 21 – Cinemark USA, Inc. issued a conditional notice of redemption for all of its $775 million of outstanding 4 7/8% senior notes due 2023 (Cusip: 172441AZ0) at par plus interest on June 21, according to an 8-K filing with the Securities and Exchange Commission.

The redemption is subject to a finance condition. If that condition has not been satisfied by the redemption date, the redemption may be delayed or may not occur.

Wells Fargo Bank, NA is the trustee.

Cinemark is a Plano, Tex.-based motion picture exhibitor.

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