Cinemark Seeks To Amend Existing Senior Secured Credit Facilities

PLANO, Texas--(BUSINESS WIRE)-- Cinemark Holdings, Inc. (NYSE: CNK) today announced that it is seeking the consent of lenders to amend and extend its existing senior secured credit facilities to extend the maturities of the facilities, increase the interest rates on loans that have extended maturities and make certain other modifications. Pursuant to the terms of the proposed amendment, each lender must determine whether or not to extend the maturity of its individual loan or commitment. Cinemark expects to complete the amendment and extension in early March 2010.

Barclays Capital is serving as Sole Lead Arranger on the transaction.

About Cinemark Holdings, Inc.

Headquartered in Plano, TX, Cinemark is the third largest motion picture exhibitor in the world in terms of both attendance and the number of screens in operation. As of September 30, 2009, Cinemark operates 426 theatres and 4,908 screens in 39 states in the United States and one Canadian province and internationally in 13 countries, including Brazil, Mexico, Chile, Colombia, Argentina, Peru, Ecuador, Honduras, El Salvador, Nicaragua, Costa Rica, Panama and Guatemala. For more information go to

    Source: Cinemark Holdings, Inc.