Cinemark, Inc. Files Public Offering.Business Editors PLANO, Texas--(BUSINESS WIRE)--May 17, 2002 Cinemark, Inc. announced today that it has filed a registration statement with the Securities and Exchange Commission for a proposed public offering of its Class A common stock. The company intends to offer approximately $200,000,000 of Class A common Stock which will be used by the company to pay down debt under three separate credit facilities credit facilities npl → facilidades fpl de crédito credit facilities npl → facilités fpl de paiement credit facilities that the Company currently has in place. All of the securities in the proposed IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. are being offered by Cinemark. The offering will be made on a firm-commitment basis through a syndicate of underwriters led by sole book runner Book Runner The managing or lead underwriter who maintains the books of securities sold for a new issue. Notes: In other words, this person is the underwriter who "runs" the books. Often the book runner is given credit for the total size of the deal. Lehman Brothers Lehman Brothers Holdings Inc. (NYSE: LEH), founded in 1850, is a diversified, global financial services firm. It is a participant in investment banking, equity and fixed income sales, research and trading, investment management, private equity, and private banking. Inc. and joint lead manager Salomon Smith Barney Smith Barney is a division of Citigroup Global Capital Markets Inc., a global, full-service financial firm, that provides brokerage, investment banking and asset management services to corporations, governments and individuals around the world. Inc. and is expected to close in the third quarter of 2002. Cinemark, Inc. is one of the world's leader's in the motion picture exhibition industry, operating a total of 3,014 screens, consisting of 2,215 screens located in North America and 799 screens in international markets, primarily located in Latin American metropolitan markets. A registration statement relating to the Class A common shares to be sold in the public offering has been filed with the Securities and Exchange Commission but has not yet become effective. The Class A common shares may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This release shall not constitute an offer to sell or the solicitation of any offer to buy, nor shall there be any sale of the Class A common shares in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state. When available, copies of the written prospectus relating to the proposed offering may be obtained from: Lehman Brothers Inc. c/o ADP (1) (Automatic Data Processing) Synonymous with data processing (DP), electronic data processing (EDP) and information processing. (2) (Automatic Data Processing, Inc., Roseland, NJ, www.adp. Financial Services, Inc. Prospectus Fulfillment 1155 Long Island Avenue Edgewood, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of 11717 Tel: (631) 254-7106 Fax: (631) 254-7268 E-mail: nwright@adp.com Salomon Smith Barney Brooklyn Terminal 140 58th Street Brooklyn, New York 11220 Tel: (718) 765-6500 Fax: (718) 765-6734 |
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