Six Flags stock down on lowered ratings and issued notes

Posted Tuesday, November 16, 2004 9:25 PM | Contributed by HAMMER

Six Flags stock was down nearly 10% as the company said Tuesday morning it was offering $260 million in notes that are convertible with initial conversion price of $6.35. S&P and Moody's Investment Service both lowered the company's rating.

Read more from AP via Newsday.

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