LEVERAGED LOANS

摘要

Amusement park operator six flags theme parks is in the market with a US$800m seven-year term loan to refinance its existing term loan and revolving credit facility. Wells Fargo is leading the covenant-lite deal with Bank of America Merrill Lynch, Barclays, Goldman Sachs and JP Morgan. The deal is guided at 200bp over Libor with 0% floor and is being offered at a discount of 99. The loan will amortise at 1% per year. Six Flags is proposing to include six months of soft call protection at 101.