Finance: S&P downgrades Six Flags credit By Kyle Rehm

Jul. 20th, 2004 -- After hearing the news of Six Flag's recent report saying that their June attendance was less than expected Standard & Poor's has downgraded Six Flag's credit outlook. S&P believes that Six Flag's ratio of debt to earnings will rise from 8 in 2003 to 8.5 by the end of this year. This will make it harder for Six Flags to get more loans if it needs them. Six Flags total debt as of right now is estimated at $2.4 billion. Read more from NewsOK

© 2001-2009 ThrillNetwork, LLC. All rights reserved.