secwatch.observer — SEC 8-K summary
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Issuer:     Six Flags Entertainment Corp/OLD (—)
CIK:        0000701374
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001193125-24-128554
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Six Flags closes $850M offering of 6.625% Senior Secured Notes due 2032
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- Issued $850M aggregate principal amount of 6.625% Senior Secured Notes due May 1, 2032.
- Net proceeds to repay existing term loan, revolver, and $165M of 7.000% Senior Notes due 2025.
- Notes are senior secured, guaranteed by certain subsidiaries; covenants restrict additional debt, liens, and dividends.
- SFTP issued redemption notice for $165M of existing 7% notes due 2025, redeemable July 1, 2024 at par plus accrued interest.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/701374/000119312524128554/0001193125-24-128554-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/701374/000119312524128554/d822556d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-128554

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