SeaWorld to offer $400 million of five-year bonds

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SeaWorld to offer $400 million of five-year bonds

SeaWorld Entertainment Inc. said Wednesday it is offering $400 million of second-priority senior secured notes that mature in 2025. Proceeds will be used to repay a revolving credit facility, and for working capital and other general corporate purposes. The theme parks operator joins the many companies issuing record levels of debt during the pandemic. Shares fell 1.6% premarket.

https://finance.yahoo.com/m/ffdbc7f...5a43c71/seaworld-to-offer-$400.html?.tsrc=rss
 
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