Six Flags Announces Pricing of $800 Million of 7.250% Senior Notes due 2031

Apr 26, 2023

Six Flags Entertainment Corporation (NYSE: SIX) (the “Company,” “we,” “us” or “our”), the world’s largest regional theme park company and the largest operator of water parks in North America, today announced that it has priced $800 million aggregate principal amount of 7.250% senior notes due 2031 at an offering price of 99.248% of the principal amount thereof. The Company anticipates that the closing of the offering will take place on May 3, 2023, subject to customary closing conditions. The net proceeds from this offering, together with other available cash, including borrowings under its revolving credit facility, will be used to repurchase any and all of its outstanding $949.5 million principal amount of 4.875% senior unsecured notes due 2024 (the “2024 Notes”) pursuant to a tender offer separately announced today and pay related fees and expenses. To the extent less than $800 million of 2024 Notes are purchased in the tender offer, the Company will redeem an amount of 2024 Notes such that $800 million are being retired. This press release does not constitute a notice of redemption of the 2024 Notes.

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