SEC Form 8-K filed by Cinemark Holdings Inc Cinemark Holdings Inc.

 

 

 

 

 

 

 

 

Check the appropriate box below if the Form filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

 

 

 

 

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule of the Securities Exchange Act of 1934 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

On September 19, 2024, Cinemark USA, Inc. (“Cinemark USA”) deposited with Computershare Trust Company, N.A. (successor to Wells Fargo Bank, N.A.), as trustee (the “Trustee”) for the holders of Cinemark USA’s outstanding 5.875% Senior Notes due 2026 (the “5.875% Notes”), U.S. government securities (the “Deposited Securities”) in amounts as will be sufficient, without consideration of any reinvestment of interest, to pay and discharge in full all 5.875% Notes outstanding on March 15, 2025 (the “Redemption Date”), including principal and accrued interest to the Redemption Date. In connection therewith, on September 19, 2024, the Trustee sent a notice of optional full redemption on behalf of Cinemark USA to the holders of the 5.875% Notes electing to redeem all outstanding 5.875% Notes on the Redemption Date. The redemption payment will include $59,715,000 of outstanding principal at the redemption price of 100.000% of the principal amount, plus accrued and unpaid interest thereon to the Redemption Date. Upon deposit of the Deposited Securities with the Trustee on September 19, 2024, the indenture governing the 5.875% Notes was satisfied and discharged and ceased to be of further effect, except as to surviving rights of registration of transfer or exchange of the 5.875% Notes, and the Trustee delivered a Satisfaction and Discharge of Indenture, dated September 19, 2024, evidencing the satisfaction and discharge of the indenture. The 5.875% Notes, which bore interest at 5.875% per year, were scheduled to mature on March 15, 2026.

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.