Cleary Gottlieb represented the initial purchasers led by Citigroup Global Markets Inc. in the Rule 144A/Reg S offering of $200 million of 8.875% senior unsecured notes due 2015 issued by Corporación Interamericana de Entretenimiento, S.A. de C.V. (CIE). The notes will be listed on the Luxembourg Stock Exchange. This was the first high yield bond issued by CIE in the international capital markets.
CIE, a Mexican company, is the leading diversified out-of-home entertainment company in Latin America, offering a wide range of entertainment options including concerts, theatrical productions, amusement parks, horse racetrack and sports betting and numbers games, trade fairs and conventions and other events.