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Published: Friday, 1/29/2010

Cedar Fair seeks larger loan, less in bonds

Cedar Fair LP has increased the term loan it seeks to back its purchase by Apollo Global Management to $1.2 billion from $1 billion, according to people familiar with the change.

The amusement park operator also decreased the size of a planned bond issuance to $500 million from $700 million, said the people, who declined to be identified because the discussions are private.

Bank of America Corp., JPMorgan Chase & Co., Barclays Capital, UBS AG, and KeyBanc Capital Markets Inc. are arranging the financing.

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