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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Goldman Sachs Lead Arranges $1.3B in Credit Facilities for Cedar Fair
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Lenders/Participants
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Goldman Sachs [Lead Arranger]
Wells Fargo Securities [Joint Lead Arranger]
PNC Capital Markets [Joint Lead Arranger]
Citizens Bank [Joint Lead Arranger]
Fifth Third Bank [Joint Lead Arranger]
JPMorgan Chase Bank [Joint Lead Arranger]
J.P. Morgan Securities [Joint Lead Arranger]
KeyBanc Capital Markets [Joint Lead Arranger]
Capital One [Joint Lead Arranger]
HSBC Securities [Joint Lead Arranger]
Texas Capital Bank [Joint Lead Arranger]
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Structure
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$1B Senior Secured Term Loan, $300MM Revolving Credit Facility
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Amount
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$1.300
Billion
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Borrower(s)
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Cedar Fair
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Description
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New credit facilities, comprised of a seven-year, $1 billion senior secured term loan B maturing in 2031 and a new $300 million revolving credit facility maturing in 2028. Proceeds from the new term loan and cash on hand used to fund the previously announced redemption of all of its outstanding $1 billion 5.500% senior secured notes due in May 2025 and to pay related expenses of the refinancing. The new revolving credit facility will replace Cedar Fair’s existing revolving credit facility.
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Industry
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Entertainment
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Location
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NC
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| Related Tags |
Capital One, Citizens Bank, Fifth Third Bank, Goldman Sachs, HSBC Securities, J.P. Morgan Securities, JPMorgan Chase Bank, KeyBanc Capital Markets, PNC Capital Markets, Texas Capital Bank, Wells Fargo Securities
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ABL Advisor
Deal Tables
2024
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