Movie Theater Circuit Cinemark’s Credit Rating Upped By S&P Due To End Of Strikes; Outlook Is “Stable” Despite Soft Box Office

Movie theater circuit Cinemark‘s credit rating has been raised by S&P Global, a small sign of optimism that exhibitors can weather the impact of Hollywood strikes and pandemic-altered moviegoing habits. The agency said it raised its ratings on the Plano, TX-based company’s secured and unsecured…

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