SeaWorld Entertainment reportedly moving forward with $500 million IPO

Posted | Contributed by VitaminsAndGravy

SeaWorld Entertainment Inc. (SEAS), the aquatic theme-park operator owned by Blackstone Group LP, boosted the amount it plans to raise from an initial public offering to $500 million. The company disclosed the new placeholder amount in a regulatory filing today, without setting a specific price range. Orlando-based SeaWorld filed for a U.S. IPO with a $100 million placeholder amount in December.

Read more from Bloomberg.

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