|December 11, 2012|
|15:03 EDT||SIX||Six Flags expands repurchase plan by $500M in conjunction with note offering|
Six Flags Entertainment announced that it has priced $800M of 5.25% senior unsecured notes due 2021 in connection with a private offering that is exempt from registration under the Securities Act of 1933, as amended. In addition, the company has received the requisite lender vote to amend its existing senior secured credit facility to, among other things, reduce the interest rate payable on the Tranche B Term Loans by 25 basis points and permit the company to issue the $800M of senior unsecured notes. In addition, the company announced that its board of directors has approved a plan that allows the company to purchase an incremental $500M of its stock through 2015. The company has $82M available under a plan approved this January, the company said.
News For SIX From The Last 14 Days
Check below for free stories on SIX the last two weeks.
|December 5, 2013|
|14:39 EDT||SIX||Six Flags seeks to amend credit agreement|
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|November 29, 2013|
|08:29 EDT||SIX||Six Flags management to meet with B. Riley|
Meetings to be held in San Francisco on December 3-4 and in Los Angeles on December 5 hosted by B. Riley.
|November 27, 2013|
|10:07 EDT||SIX||On The Fly: Analyst Initiation Summary|
Today's noteworthy initiations include: Altisource Residential (RESI) initiated with a Buy at Deutsche Bank... Cedar Fair (FUN) initiated with an Outperform at FBR Capital... Chimerix (CMRX) initiated with an Overweight at Piper Jaffray... GW Pharmaceuticals (GWPH) initiated with an Overweight at Piper Jaffray... Insmed (INSM) initiated with an Overweight at Piper Jaffray... Merchant Bancshares (MBVT) initiated with a Buy at Sterne Agee... Nektar (NKTR) initiated with an Overweight at Piper Jaffray... Oi S.A. (OIBR) initiated with an Outperform at Bernstein... Qunar (QUNR) initiated with a Hold at Deutsche Bank... Repros Therapeutics (RPRX) initiated with an Overweight at Piper Jaffray... Ruckus Wireless (RKUS) initiated with a Buy at Stifel... SeaWorld (SEAS) initiated with a Market Perform at FBR Capital... Six Flags (SIX) initiated with a Market Perform at FBR Capital... Twitter (TWTR) initiated with a Buy at MKM Partners... Surgical Care Affiliates (SCAI) initiated with a Buy at SunTrust.
|06:05 EDT||SIX||Six Flags initiated with a Market Perform at FBR Capital|