Entries tagged "Six Flags"
Six Flags' noteholders are hoping to have the same luck that bondholders in Trump Entertainment Resorts had with terminating the debtor's exclusive right to file a plan.
Depending upon gate receipts this summer at the company's amusement parks, it could fall into bankruptcy like other regional amusement parks.
Credit default swaps have bondholders rooting for a default by distressed companies.
BearingPoint and Trump Entertainment may be the first of a frenzy of bankruptcy filings. See a list of some recognizable names of both public and private companies that could follow.
The second-largest U.S. amusement park company, Six Flags Inc., has been on a downhill ride over the last decade with its latest twist, a downgrade to selective default from CCC+ by Standard & Poor's. ...
