Six Flags Entertainment Corporation (NYSE:SIX) Files An 8-K Entry into a Material Definitive AgreementItem 1.01
Entryinto a Material Definitive Agreement.
On March 26, 2018, Six Flags Entertainment Corporation amended its 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 2.00% to LIBOR plus 1.75%, and (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.
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Item 9.01 |
Financial Statements and Exhibits. |
Six Flags Entertainment Corp ExhibitEX-99.1 2 fourthamendmentpressrelease.htm EXHIBIT 99.1 Exhibit Exhibit 99.1Contact:Stephen PurtellSenior Vice PresidentInvestor Relations and Treasurer+1-972-595-5180spurtell@sftp.comCredit Agreement Amendment Reduces Six Flags’ Borrowing RateGRAND PRAIRIE,…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.