CNK · Cinemark Holdings, Inc.

Cinemark Holdings, Inc. and its subsidiary Cinemark USA, Inc. executed the Fifth Amendment to their existing Credit Agreement on May 12, 2026, executing a comprehensive refinancing of all outstanding term loans through Replacement Term Loans totaling $630,710,276.62. This transaction involves both converting existing loans from participating lenders and new funding to repay non-converting portions, ensuring full refinancing without net cash inflow beyond accrued interest settlement. The key investor benefit is a 0.25% reduction in the interest rate spread, adjusting the Applicable Rate to 2.00% for Term Benchmark Loans and 1.00% for Alternate Base Rate Loans, directly lowering borrowing costs amid ongoing amendments since the original May 2023 agreement. The amendment also resets the 101% soft call protection for six months post-effectiveness, providing refinancing flexibility while maintaining lender protections. Repayment terms include quarterly principal installments of $1,576,775.69 starting June 30, 2026, scaling to full maturity on the existing Term Loan Maturity Date. Lead arrangers Barclays Bank PLC, Wells Fargo Securities, LLC, JPMorgan Chase Bank, N.A., Royal Bank of Canada, and Texas Capital Bank facilitated the transaction, signaling continued lender support. Representations confirm no Defaults or Events of Default post-transaction, with legal opinions and certifications satisfying effectiveness conditions. This amendment, filed as Exhibit 10.1, underscores proactive debt management, reducing interest expense and extending call protection in a sequence of prior amendments (First through Fourth in 2024-2025).