June 12, 200818 yr Author The offering was actually oversubscribed: http://www.rttnews.com/Content/BreakingNew...Rec=1&Node= Wow.
June 12, 200818 yr Author It means that Six Flags was willing to pay more money in interest to bondholders if they were willing to wait longer for their money. A lot more interest and quite a bit longer. And, surprisingly, given Six Flags financial condition, more people took up Six Flags on the offer than Six Flags had expected...and only a certain amount of bonds were to be allowed to take this offer...
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