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0 0.00648810514057559 1.84846300300869E-05 0.00739385201205198 0.031442355681251 0.031442355681251 0.031442355681251 0.0813508567626019
Stock impact report

Cinemark to Host Conference Call to Discuss Liquidity Strategy and Impact of COVID-19

Cinemark Holdings Inc Cinemark Holdings, Inc. (CNK) 
Last cinemark holdings inc cinemark holdings, inc. earnings: 2/21 06:15 am Check Earnings Report
Company Research Source: Business Wire
PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (“Cinemark”) (NYSE: CNK), one of the largest motion picture exhibitors in the world, today announced that it will host a webcast and conference call to discuss its liquidity strategy and provide an update on the impacts of COVID-19.Mark Zoradi, Cinemark’s CEO commented, “Cinemark was well-positioned with approximately $0.5B in cash and 2x net leverage heading into this global pandemic and we are taking prudent steps to further safeguard our liquidity position during this unprecedented time. We believe the Senior Secured Notes we priced today, along with our current cash balance and proactive cash management actions, will provide us sufficient liquidity to endure the COVID-19 crisis, even if it is prolonged. We look forward to once again opening our theatres and welcoming moviegoers to experience the magic of cinematic storytelling on our big screens in the not-too-distant future.”The call will take place on:Wednesday, April 15 Show less Read more
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