Six Flags Entertainment Corporation New (SIX) Social Stream
Featured Post From StockTwits About SIX
$SIX On August 26, 2020, the company further amended its credit facility to, among other benefits, suspend testing of its senior secured leverage ratio financial maintenance covenant through December 31, 2021. The company’s lenders also approved modified testing of its senior secured leverage ratio financial maintenance covenant through December 31, 2022. Through the duration of the amendment period ending December 31, 2022, the company agreed to suspend paying dividends and repurchasing its common stock, and to maintain minimum liquidity of $150 million.ttwd, published November 22, 2020
the part about maintaining liquidity is why I suspect a big stock offering is coming.