Cedar Fair

Martin's Summer Fun Season Sweepstakes Offers Exciting Prizes Across Six Themes

Retrieved on: 
Wednesday, May 1, 2024
Meal, Martin, Pass, Workload, Bread, Cedar Fair, MAX, Eating, Multimedia, Bun, Amusement park

CHAMBERSBURG, Pa., May 1, 2024 /PRNewswire/ -- Martin's Famous Potato Rolls and Bread is thrilled to announce the return of the Martin's Summer Fun Season Sweepstakes, offering participants the chance to win prizes across six exciting themes, making this summer an unforgettable one.

Key Points: 
  • CHAMBERSBURG, Pa., May 1, 2024 /PRNewswire/ -- Martin's Famous Potato Rolls and Bread is thrilled to announce the return of the Martin's Summer Fun Season Sweepstakes, offering participants the chance to win prizes across six exciting themes, making this summer an unforgettable one.
  • Participants will have the opportunity to win fantastic prizes in each theme, with a 1st, 2nd, and 3rd place prize available.
  • Whether you're dreaming of upgrading your backyard oasis or planning your next international adventure, Martin's Summer Fun Season Sweepstakes has you covered.
  • For more information, official rules, and to enter the Martin's Summer Fun Season Sweepstakes today, please visit: MartinsSummerFun.com .

Parks! America Interim Chairman Issues Open Letter to Shareholders

Retrieved on: 
Wednesday, April 17, 2024
Sale, Fear, Burn, Thought, Giraffe, PINE, Water, Proxy, Disclosure, Sun Tzu, Confusion, BLUE, Cedar Fair, Acquisition, Special, FC, Spring break, Management

America” or the “Company”), a leading operator of regional safari parks in the United States, today issued an open letter to shareholders from interim Chairman Charles Kohnen.

Key Points: 
  • America” or the “Company”), a leading operator of regional safari parks in the United States, today issued an open letter to shareholders from interim Chairman Charles Kohnen.
  • I am a longtime buyer of shares on the open market and am aligned with my fellow PRKA shareholders.
  • Certain shareholders dialed the phone number provided by FC’s solicitation for the February 26, 2024, Special Shareholders Meeting.
  • The shareholders of PRKA, including FC, will be well-served as Lisa Brady and her team execute their strategy to move our Company forward.

Six Flags Announces Closing of Offering of $850 Million of 6.625% Senior Secured Notes due 2032

Retrieved on: 
Thursday, May 2, 2024
Tourist Attractions, Theme Parks, Other Entertainment, Entertainment, Travel, Sale, SFTP, Plan, Water, Public expenditure, Senior, Cedar Fair, Regulation, Mergers and acquisitions, Person, Note

Pursuant to the Merger Agreement, Cedar Fair and Six Flags will each merge with and into HoldCo, with HoldCo continuing as the surviving entity.

Key Points: 
  • Pursuant to the Merger Agreement, Cedar Fair and Six Flags will each merge with and into HoldCo, with HoldCo continuing as the surviving entity.
  • This press release is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any security.
  • No offer, solicitation, or sale will be made in any jurisdiction in which such an offer, solicitation, or sale would be unlawful.
  • Any offers of the Notes will be made only by means of a private offering memorandum.

Cedar Fair Announces Successful Closing of $1.0 Billion Term Loan B and $300 Million Revolving Credit Facility

Retrieved on: 
Wednesday, May 1, 2024
Finance, Theme Parks, Professional Services, General Entertainment, Entertainment, Weil, Gotshal & Manges, Goldman Sachs, Chase Bank, JPMorgan Chase, National Association, Senior, Citizens Bank, Cedar Fair, Capital One, Wells Fargo, HSBC, Texas Capital Bank, Credit, Note, Bank

Cedar Fair, L.P. (NYSE: FUN) (the “Company”), a leader in regional amusement parks, water parks, and immersive entertainment, today announced it has entered into new credit facilities (the “New Credit Facilities”), comprising of a 7-year $1.0 billion senior secured term loan B maturing in 2031 and a new $300 million revolving credit facility maturing in 2028.

Key Points: 
  • Cedar Fair, L.P. (NYSE: FUN) (the “Company”), a leader in regional amusement parks, water parks, and immersive entertainment, today announced it has entered into new credit facilities (the “New Credit Facilities”), comprising of a 7-year $1.0 billion senior secured term loan B maturing in 2031 and a new $300 million revolving credit facility maturing in 2028.
  • The new revolving credit facility will replace Cedar Fair’s existing revolving credit facility.
  • “We are very pleased with the solid execution of the transaction and strong market demand for our term loan,” said Cedar Fair CFO Brian Witherow.
  • The interest rate for borrowings under the revolving credit facility will be Term SOFR or Term CORRA plus a margin of 2.00% per annum.

Parks! America Responds to FC Open Letter of April 2, 2024

Retrieved on: 
Thursday, April 11, 2024
Neglect, Senior management, Skin, Burn, Management, Giraffe, PINE, Water, Growth, Podcast, Cedar Fair, FC, Annual general meeting, Human, Meaningless, Person

America” or the “Company”) to the press release published by Focused Compounding, LLC (“FC”) in their open letter dated April 2, 2024.

Key Points: 
  • America” or the “Company”) to the press release published by Focused Compounding, LLC (“FC”) in their open letter dated April 2, 2024.
  • We do not see a shred of experience or industry knowledge in the group proposed by FC.
  • Is the Meaningless Special Meeting that FC forced upon the Company on February 26, 2024 an indication of FC’s competence?
  • Most importantly, if FC denies they want to bring back Mr. Van Voorhis, who it is that FC intends to have manage the Company?

Extreme Networks Revolutionizes Outdoor Connectivity with Wi-Fi 6E Certification

Retrieved on: 
Tuesday, April 23, 2024
Carriers and Services, Theme Parks, Mobile, Wireless, Networks, Entertainment, Sports, General Sports, Hardware, Events, Concerts, Technology, Construction & Property, Building Systems, Cedar Fair, AFC, Social media, BYU, Wi-Fi 6, Partnership, LaVell Edwards Stadium, San Francisco Giants, Hertz, Extreme, Curse of Coogan's Bluff, Connect, Mobile phone

Extreme Connect — Extreme Networks , Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced that it’s the first vendor with outdoor Wi-Fi 6E deployments to receive a standard power grant – allowing customers to leverage faster speeds, increased range of coverage and expanded capacity for outdoor connectivity.

Key Points: 
  • Extreme Connect — Extreme Networks , Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced that it’s the first vendor with outdoor Wi-Fi 6E deployments to receive a standard power grant – allowing customers to leverage faster speeds, increased range of coverage and expanded capacity for outdoor connectivity.
  • Extreme’s AP5050 Universal Wi-Fi 6E access points enable standard power operation in the 6 GHz band for outdoor environments in the United States.
  • “With Wi-Fi Automated Frequency Coordination, we’re enabling industry leaders like Extreme to rapidly and cost-effectively activate outdoor standard power 6 GHz Wi-Fi for customers.
  • “Extreme Wi-Fi 6E takes connectivity to another level, and we’re just scratching the surface of the possibilities of innovation now and into the future.

Six Flags Announces Pricing of $850 Million of 6.625% Senior Secured Notes due 2032

Retrieved on: 
Thursday, April 18, 2024
Tourist Attractions, Theme Parks, Other Entertainment, Entertainment, Travel, Sale, Six Flags, SFTP, Plan, Water, Public expenditure, Senior, Cedar Fair, Regulation, Mergers and acquisitions, Person, Surety, Security (finance)

Six Flags anticipates that the closing of the offering of the Notes will take place on or about May 2, 2024, subject to customary closing conditions.

Key Points: 
  • Six Flags anticipates that the closing of the offering of the Notes will take place on or about May 2, 2024, subject to customary closing conditions.
  • Pursuant to the Merger Agreement, Cedar Fair and Six Flags will each merge with and into HoldCo, with HoldCo continuing as the surviving entity.
  • Prior to the consummation of the Mergers, or in the event the Mergers are not consummated, Six Flags and SFTP will be the co-issuers of the Notes.
  • Any offers of the Notes will be made only by means of a private offering memorandum.

Six Flags Announces Private Offering of $850 Million of Senior Secured Notes

Retrieved on: 
Tuesday, April 16, 2024
Other Entertainment, General Entertainment, Theme Parks, Entertainment, Sale, Six Flags, SFTP, Plan, Water, Public expenditure, Senior, Cedar Fair, Regulation, Mergers and acquisitions, Person, Surety, Security (finance)

Pursuant to the Merger Agreement, Cedar Fair and Six Flags will each merge with and into HoldCo, with HoldCo continuing as the surviving entity.

Key Points: 
  • Pursuant to the Merger Agreement, Cedar Fair and Six Flags will each merge with and into HoldCo, with HoldCo continuing as the surviving entity.
  • The Company intends to apply the net proceeds from the Notes offering towards (i) the principal amounts outstanding under its existing term loan facility and revolving credit facility and (ii) a portion of the outstanding 7.000% Senior Secured Notes due July 1, 2025 issued by SFTP.
  • Prior to the consummation of the Mergers, or in the event the Mergers are not consummated, Six Flags and SFTP will be the co-issuers of the Notes.
  • Any offers of the Notes will be made only by means of a private offering memorandum.

Cedar Fair Announces Conditional Full Redemption of All Outstanding 5.500% Notes Due May 2025

Retrieved on: 
Thursday, April 11, 2024
Finance, Theme Parks, Professional Services, General Entertainment, Entertainment, Sale, Redemption, Senior, Cedar Fair, Notice, Note, Bank

Cedar Fair, L.P. (NYSE: FUN) (the “Company”), a leader in regional amusement parks, water parks, and immersive entertainment, together with its wholly owned subsidiaries as co-issuers (together with the Company, the “Co-Issuers”), today announced that it has delivered a notice of conditional full redemption (the “Notice”) to holders of its 5.500% Senior Secured Notes due 2025 (the “2025 Secured Notes”).

Key Points: 
  • Cedar Fair, L.P. (NYSE: FUN) (the “Company”), a leader in regional amusement parks, water parks, and immersive entertainment, together with its wholly owned subsidiaries as co-issuers (together with the Company, the “Co-Issuers”), today announced that it has delivered a notice of conditional full redemption (the “Notice”) to holders of its 5.500% Senior Secured Notes due 2025 (the “2025 Secured Notes”).
  • The Notice calls for the redemption of all of the outstanding $1.0 billion aggregate principal amount of the 2025 Secured Notes (the "Redemption") on May 2, 2024.
  • This press release does not constitute a notice of redemption of the 2025 Secured Notes.
  • Information concerning the terms and conditions of the Redemption is described in the Notice distributed to holders of the 2025 Secured Notes by the trustee under the indenture governing the 2025 Secured Notes.

Cedar Fair to Announce 2024 First Quarter Results on May 9th; Earnings Call Starts at 10 AM EDT

Retrieved on: 
Tuesday, April 9, 2024
Retail, Theme Parks, Entertainment, Family, Lodging, Destinations, Travel, Consumer, Restaurant, Bar, General Entertainment, Vacation, Other Consumer, Specialty, Food, Beverage, Cedar Fair, EDT, Corporation

Cedar Fair Entertainment Company (NYSE: FUN), a leader in regional amusement parks, water parks and immersive entertainment, said today it will issue its 2024 first-quarter financial results in the pre-market hours of Thursday, May 9, 2024.

Key Points: 
  • Cedar Fair Entertainment Company (NYSE: FUN), a leader in regional amusement parks, water parks and immersive entertainment, said today it will issue its 2024 first-quarter financial results in the pre-market hours of Thursday, May 9, 2024.
  • Later that morning, Cedar Fair management will host a conference call with the investment community, starting at 10 a.m. EDT, to provide additional details regarding 2024 first-quarter results and discuss the Company’s business outlook.
  • Participants on the call will include Cedar Fair CEO Richard Zimmerman, CFO Brian Witherow, and Corporate Director of Investor Relations Michael Russell.
  • Investors and all other interested parties can access a live, listen-only audio webcast of the call on Cedar Fair’s investor site https://ir.cedarfair.com under the tabs Investor Information / Events & Presentations / Upcoming Events.