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United Parks & Resorts (PRKS) has provided an announcement.
On July 29, 2024, the Company unveiled plans to amend its Credit Agreement to refinance and extend the maturity of its first lien term loan and revolving credit facility, the latter increasing from $390 million to $700 million. The proposed changes, which also include revising certain provisions, hinge on favorable market conditions and may not proceed as planned.
Find detailed analytics on PRKS stock on TipRanks’ Stock Analysis page.