Six Flags Entertainment Corporation (NYSE:SIX) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01
|
Entry into a Material Definitive Agreement.
|
existing senior secured credit facility (the “Amendment”) to (i)
reduce the interest rate on the remaining borrowings under its
Term Loan B from LIBOR plus 2.25 percent to LIBOR plus 2.00
percent, (ii) renew the 1.00% prepayment premium applicable,
under certain circumstances, to the Term Loan B to six months
from the effective date of the Amendment, and (iii) waive certain
provisions of the existing credit facility with respect to
specified guarantee and collateral related requirements as set
forth therein. The foregoing description of the Amendment is
qualified in its entirety by reference to the complete text of
the Amendment filed as Exhibit 10.1 and incorporated herein by
reference.
|
Item 9.01
|
Financial Statements and Exhibits.
|
|
(d)
|
Exhibits
|
|
10.1
|
Third Amendment and Limited Waiver to Amended and Restated
Credit Agreement, dated as of June 21, 2017, among Six Flags Entertainment Corporation, Six Flags Operations Inc., Six Flags Theme Parks Inc., the Subsidiary Guarantors (as defined therein) from time to time party thereto, the Lenders (as defined therein) from time to time party thereto and Wells Fargo Bank, National Association, as administrative agent |
|
99.1
|
Press Release of Six Flags Entertainment Corporation, dated
June 21, 2017 |
Six Flags Entertainment Corp ExhibitEX-10.1 2 thirdamendment.htm THIRD AMENDMENT Exhibit Exhibit 10.1THIRD AMENDMENT AND LIMITED WAIVER TO AMENDED AND RESTATED CREDIT AGREEMENTTHIS THIRD AMENDMENT AND LIMITED WAIVER TO AMENDED AND RESTATED CREDIT AGREEMENT (this “Amendment”) dated as of June 21,…To view the full exhibit click here About Six Flags Entertainment Corporation (NYSE:SIX)
Six Flags Entertainment Corporation (Six Flags) is a regional theme park operator. The Company operates in the theme parks segment. The Company operates approximately 20 regional theme and water parks. Its parks occupy approximately 4,500 acres of land, and it owns approximately 800 acres of other developable land. Its parks are located in geographically diverse markets across North America. Its parks offer a selection of thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues and retail outlets. Its parks offer approximately 830 rides, including over 130 roller coasters. The Company’s parks include Six Flags America, Six Flags Discovery Kingdom, Six Flags Fiesta Texas, Six Flags Great Adventure & Safari/ Six Flags Hurricane Harbor, Six Flags Great America, Six Flags St. Louis, Six Flags Magic Mountain/ Six Flags Hurricane Harbor, Six Flags Mexico and Six Flags New England.