DonHelbig Posted January 7 Posted January 7 Time will determine whether this debt refinancing announcement by Six Flags is remembered as smart financial housekeeping or as a missed opportunity. http://www.interthemepark.com/observationsixflagsdebt.html 2 Quote
DiamondbackFan Posted January 7 Posted January 7 They buy time, but are replacing 2027 Notes at 5.375% and 5.5% interest with one at low-to-mid 9% interest. From Bloomberg: "Six Flags Entertainment Corp. is planning to sell $1 billion of dollar bonds in the riskiest tier of the junk market, testing investor appetite for the second such deal this week with CCC ratings. The US amusement park operator is offering the six-year notes at low-to-mid 9%, with the proceeds earmarked to refinance debt due next year, according to a person with knowledge of the matter." https://www.bloomberg.com/news/articles/2026-01-06/park-operator-six-flags-taps-market-for-1-billion-in-junk-debt Quote
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