Articles from Cedar Fair, L.P.
Cedar Fair Announces Consent Solicitation Payment
Cedar Fair, L.P. (NYSEFUN) (“Cedar Fair”) today announced that pursuant to the terms of the previously completed consent solicitation (the “Consent Solicitation”) with respect to certain proposed amendments (the “Proposed Amendments”) to the indentures (the “Indentures”) governing its 5.375% Senior Notes due 2027 (the “2027 Notes”), 5.250% Senior Notes due 2029 (the “2029 Notes”), 5.500% Senior Secured Notes due 2025 (the “2025 Notes”) and 6.500% Senior Notes due 2028 (the “2028 Notes” and, together with the 2027 Notes, the 2029 Notes and the 2025 Notes, the “Notes”), we expect to pay on July 1, 2024 (the “Expected Closing Date”), the consent payment (the “Consent Payment”) described in the Consent Solicitation Statement dated as of November 3, 2023 (the “Consent Solicitation Statement”), to holders of the Notes who validly delivered (and did not validly revoke) their consents in the Consent Solicitation. Upon payment of the Consent Payment the Proposed Amendments will become operative. Pursuant to the terms of the Consent Solicitation Statement the Consent Payment will be paid upon or immediately prior to the consummation of Cedar Fair’s previously announced merger of equals with Six Flags Entertainment Corporation (“Six Flags”) (the “Mergers”). The completion of the Mergers is subject to the satisfaction or waiver of a number of conditions set forth in the merger agreement relating to the Mergers, including the satisfaction of regulatory conditions. Therefore, the payment date may change based on the actual closing date of the Mergers.
By Cedar Fair, L.P. · Via Business Wire · June 18, 2024
Cedar Fair Announces Successful Closing of $1.0 Billion Term Loan B and $300 Million Revolving Credit Facility
Cedar Fair, L.P. (NYSEFUN) (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.
By Cedar Fair, L.P. · Via Business Wire · May 1, 2024
Cedar Fair Announces Conditional Full Redemption of All Outstanding 5.500% Notes Due May 2025
Cedar Fair, L.P. (NYSEFUN) (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. The Redemption is conditioned upon, among other requirements, the consummation of a financing resulting in aggregate gross proceeds to the Company of at least $1.0 billion. There can be no assurances as to when and if such conditions will be satisfied and the Company may waive the conditions at its discretion.
By Cedar Fair, L.P. · Via Business Wire · April 11, 2024
Cedar Fair Announces Expiration and Results of Consent Solicitation For its Outstanding Notes
Cedar Fair, L.P. (NYSEFUN) (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 the expiration and results of its previously announced consent solicitation (the “Consent Solicitation”) with respect to certain proposed amendments (the “Proposed Amendments”) to the indentures (the “Indentures”) governing its 5.375% Senior Notes due 2027 (the “2027 Notes”), 5.250% Senior Notes due 2029 (the “2029 Notes”), 5.500% Senior Secured Notes due 2025 (the “2025 Notes”) and 6.500% Senior Notes due 2028 (the “2028 Notes” and, together with the 2027 Notes, the 2029 Notes and the 2025 Notes, the “Notes”).
By Cedar Fair, L.P. · Via Business Wire · November 9, 2023
Cedar Fair Announces Consent Solicitation for its Outstanding Notes
Cedar Fair, L.P. (NYSEFUN) (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 a solicitation of consents (“Consent Solicitation”) from the holders (the “Holders”) of its 5.375% Senior Notes due 2027 (the “2027 Notes”), 5.250% Senior Notes due 2029 (the “2029 Notes”), 5.500% Senior Secured Notes due 2025 (the “2025 Notes”) and 6.500% Senior Notes due 2028 (the “2028 Notes” and, together with the 2027 Notes, the 2029 Notes and the 2025 Notes, the “Notes”) commencing on November 3, 2023 for the adoption of certain proposed amendments described below (the “Proposed Amendments”) to the indentures governing the Notes (the “Indentures”).
By Cedar Fair, L.P. · Via Business Wire · November 3, 2023
Cedar Fair Announces Departure of Matt Ouimet from Board of Directors
Cedar Fair, L.P. (NYSEFUN), a leader in regional amusement parks, water parks and immersive entertainment, announced today that Matthew A. Ouimet has stepped down from the Company’s board of directors, effective immediately, to focus his time on other personal interests.
By Cedar Fair, L.P. · Via Business Wire · September 1, 2023
Cedar Fair Announces Online Availability of 2022 Schedule K-3
Cedar Fair, L.P. (NYSEFUN), a leader in regional amusement parks, water parks and immersive entertainment, announced today that its 2022 Schedule K-3 forms, reflecting items of international relevance, are now available online and may be accessed through Cedar Fair’s website https://ir.cedarfair.com under the Unitholder Resources tab and the K-1 Tax Package Support webpage www.taxpackagesupport.com/cedarfair.
By Cedar Fair, L.P. · Via Business Wire · August 15, 2023
Unitholders Elect Three Directors to the Cedar Fair Board
Cedar Fair, L.P. (NYSEFUN), a leader in regional amusement parks, water parks and immersive entertainment, today announced its unitholders elected Nina Barton, Matthew A. Ouimet, and Richard A. Zimmerman to the Board of Directors of its general partner, Cedar Fair Management, Inc., for three-year terms expiring in 2026.
By Cedar Fair, L.P. · Via Business Wire · May 24, 2023
CORRECTING and REPLACING Cedar Fair Announces Changes to Its Board of Directors
The effective date of changes to Cedar Fair’s Board of Directors shown in the first paragraph of the subject release should read Oct. 1, 2022 (instead of Oct. 3, 2022).
By Cedar Fair, L.P. · Via Business Wire · October 3, 2022
Cedar Fair Announces Online Availability of 2021 Schedule K-3
Cedar Fair, L.P. (NYSEFUN), a leader in regional amusement parks, water parks and immersive entertainment, announced today that its 2021 Schedule K-3 forms, reflecting items of international relevance, are now available online and may be accessed through Cedar Fair’s website https://ir.cedarfair.com under the Unitholder Resources tab and the K-1 Tax Package Support webpage www.taxpackagesupport.com/cedarfair.
By Cedar Fair, L.P. · Via Business Wire · August 30, 2022
Cedar Fair to Review Unsolicited Non-Binding Proposal From SeaWorld
Cedar Fair, L.P. (NYSEFUN), a leader in regional amusement parks, water parks and immersive entertainment, today confirmed that it has received an unsolicited non-binding proposal from SeaWorld Entertainment, Inc.
By Cedar Fair, L.P. · Via Business Wire · February 1, 2022
Cedar Fair Announces Extension of Exchange Offer
Cedar Fair, L.P. (“Cedar Fair”), Canada’s Wonderland Company, Magnum Management Corporation and Millennium Operations LLC (NYSEFUN) announced today that they have extended the expiration date of their offer to exchange up to $300,000,000 in aggregate principal amount of its registered 6.500% Senior Notes due 2028 for their $300,000,000 in aggregate principal amount of outstanding unregistered 6.500% Senior Notes due 2028 that were issued in a private offering in October 2020.
By Cedar Fair, L.P. · Via Business Wire · July 13, 2021