Exhibit 99.1
NEWS
FOR IMMEDIATE RELEASE
July 14, 2009
Cinemark, Inc. Announces Expiration of its Cash Tender Offer and Consent Solicitation for its
93/4% Senior Discount Notes due 2014
PLANO, Texas— July 14, 2009—Cinemark, Inc. (the “Company”) previously announced that it had
commenced a cash tender offer (the “Tender Offer”) for any and all of its 93/4% Senior Discount Notes
due 2014 (the “Notes”), of which $419,403,000 principal amount at maturity were outstanding at such
time. In conjunction with the Tender Offer, the Company also solicited consents (the “Consent
Solicitation” and together with the Tender Offer, the “Offer”) to adopt proposed amendments to the
Indenture, dated as of March 31, 2004 (the “Indenture”), under which the Notes were issued that
would eliminate substantially all restrictive covenants and certain event of default provisions
contained in the Indenture. On June 29, 2009, the Company announced that, in accordance with the
terms and conditions of the Offer to Purchase and Consent Solicitation Statement dated June 15,
2009, it had received tenders of Notes and deliveries of related consents from holders of
$402,458,768 principal amount at maturity of the outstanding Notes, or 95.96%, as of 5:00 p.m., New
York City time, on June 26, 2009 (the “Consent Date”). As a result of the Company’s acceptance for
purchase and payment of such tendered Notes and the receipt of related consents as of the Consent
Date, the supplemental indenture with respect to the Notes (the “Supplemental Indenture”) became
effective, and the amendments therein became operative, on June 29, 2009.
The Company announced today that no Notes
were validly tendered after the Consent Date at or
prior to 11:59 p.m., New York City time, on July 13, 2009 (the “Expiration Date”), pursuant to the
Tender Offer. The Expiration Date marks the expiration of the Tender Offer.
The remaining $16,944,232 principal amount at maturity of the Notes that were not tendered and
purchased pursuant to the Offer will remain outstanding and the holders thereof will be subject to
the terms of the Indenture, as supplemented by the Supplemental Indenture.
Barclays Capital Inc. served as sole Dealer Manager and Solicitation Agent and D.F. King & Co.,
Inc. served as Information Agent and Tender Agent for the Offer.
This announcement is not an offer to purchase, a solicitation of an offer to purchase, or a
solicitation of tenders or consents with respect to, any Notes.
Forward-looking Statements
This press release includes “forward-looking statements”. The “forward-looking statements” include
our current expectations, assumptions, estimates and projections about our business and our
industry. You can identify forward-looking statements by the use of words such as “may,” “should,”
“could,” “estimates,” “predicts,” “potential,” “continue,” “anticipates,” “believes,” “plans,”
“expects,” “future” and “intends” and similar expressions which are intended to identify
forward-looking statements. These statements are not guarantees of future performance and are
subject to risks, uncertainties and other factors, some of which are beyond our control and
difficult to predict and could cause actual results to differ materially from those expressed or
forecasted in the forward-looking statements. In evaluating forward-looking statements, you should
carefully consider the risks and uncertainties described in the “Risk Factors” section or other
sections in the Company’s Annual
Report on Form 10-K filed March 13, 2009 and quarterly reports on Form 10-Q. All forward-looking
statements attributable to us or persons acting on our behalf are expressly qualified in their
entirety by these cautionary statements and risk factors. Forward-looking statements contained in
this press release reflect our view only as of the date of this press release. We undertake no
obligation, other than as required by law, to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise.
For further information, contact:
Robert Copple or Nikki Sacks
Phone: 972-665-1500
Fax: (972) 665-1003
Visit Cinemark’s Website @ www.cinemark.com