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Cinemark to launch $664 million term loan B repricing on Wednesday
By Sara Rosenberg
New York, Nov. 29 – Cinemark USA Inc. is scheduled to hold a lender call at 11 a.m. ET on Wednesday to launch a repricing of its $664 million term loan B due May 8, 2022, according to a market source.
Barclays is the lead bank on the deal.
The term loan B will be repriced from Libor plus 275 basis points with no Libor floor.
Cinemark is a Plano, Texas-based motion picture exhibitor.
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