Related: Six Flags Magic Mountain Recaptures Coveted World Record of More Coasters than Any Other Theme Park on the Planet! / Six Flags Entertainment Corporation Announces John Duffey to Join Company as Chief Financial Officer and Lance Balk to Serve as General Counsel
Six Flags Entertainment Corporation (NYSE: SIX) announced that it has repaid its $250 million second lien term loan and amended the first lien term loan by expanding the amount to $950 million and lowering the borrowing rate to 400 basis points over LIBOR with a 1.50 percent LIBOR floor. The company incurred certain fees and expenses in connection with the amendment.
About Six Flags Entertainment Corporation
Six Flags Entertainment Corporation is a leading operator of regional theme parks with 19 parks across the United States, Mexico and Canada. Six Flags Over Texas, the company’s flagship location, was founded in 1961 and will mark its 50th anniversary season in 2011.