Thread regarding SeaWorld Entertainment Inc. layoffs

SeaWorld to offer $400 million of five-year bonds

Company is selling another $400M in junk bonds. We are already buried with like $1.7B in debt. This I think puts the company now over $2B in debt. Unless business really takes off in 2021, its Chapter 11 for sure.

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| 1093 views | | 1 reply (July 29, 2020) | Reply
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Even Disney is doing this kind of thing in these times because they're out of liquidity and cash. A fiscal basket case like SeaWorld doing this was always an inevitability.

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