debt
confidence high
sentiment neutral
materiality 0.50
Viad launches repricing of $400M Term Loan B; reaffirms FY2024 outlook within prior ranges
Pursuit Attractions & Hospitality, Inc.
- Initiates process to reprieve credit spread on $400M Term Loan B ($320M outstanding at March 31, 2024).
- Q1 2024 revenue and Adjusted EBITDA expected within previously disclosed ranges; results due May 2, 2024.
- FY2024 outlook reaffirmed; Pursuit booking pace ahead of prior year, FlyOver Chicago opened strong, GES demand improved.