Cedar Fair to redeem all $405 million 9 1/8% notes on Thursday

By Marisa Wong

Madison, Wis., July 2 – Cedar Fair, LP will redeem all $405 million of its outstanding 9 1/8% senior notes due 2018 on July 3, according to a notice.

The notes will be redeemed at 105.2217.

According to a prior press release, the company intends to redeem its 9 1/8% notes using proceeds from an offering of 5 3/8% senior notes due 2024.

Cedar Fair is a Sandusky, Ohio-based amusement park operator.

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