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SeaWorld Entertainment, Inc. Announces Pricing of Senior Notes and Commitments Received on First Lien Term Loan and Revolving Credit Facility

ORLANDO, Fla., Aug. 13, 2021 /PRNewswire/ — SeaWorld Entertainment, Inc. (NYSE: SEAS) (the “Company”), a leading theme park and entertainment company, announced the pricing of the offering of $725.0 million (downsized from $825.0 million) aggregate principal amount of 5.250% senior notes due 2029 (the “Notes”) of SeaWorld Parks Entertainment, Inc., a direct wholly-owned subsidiary of the Company (the “Issuer”) at a price of 100% of the par value thereof. The sale of the Notes is expected to close on August 25, 2021, subject to customary closing conditions. In addition, the Company also announced that it has received (i) $385.0 million in revolving commitments from revolving lenders (the “New Revolving Loans”) and (ii) commitments for $1.2 billion in term loans from term lenders were successfully allocated by the lead arranger (upsized from $1.1 billion) (the “New Term Loans”).

The Notes will

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