Item 1.01 Entry into a Material Definitive Agreement.
On November 29, 2024, Cinemark Holdings, Inc. (“
”, “
”, “
”) and Cinemark USA, Inc. (“
”), our wholly-owned subsidiary, entered into a Second Amendment (the “
”) to the Second Amended and Restated Credit Agreement, dated as of May 26, 2023 (as amended by that certain First Amendment to the Second Amended and Restated Credit Agreement, dated as of May 28, 2024, the “
”), among us, Cinemark USA, the several banks and other lenders from time to time party thereto, the other agents and arrangers named therein and Barclays Bank PLC, as administrative agent. The Credit Agreement was amended pursuant to the Second Amendment to, among other things, reduce the rate at which the term loans bear interest by 0.50% and reset the 101% soft call for six months.
The foregoing summary of the Second Amendment is qualified in its entirety by reference to the c
om
plete copy of the Second Amendment, filed as Exhibit 10.1 to this Current Report on Form
8-K
and is incor
pora
ted by reference herein.
Item 9.01 Financial Statements and Exhibits.