Cedar Fair, Magnum Management and Canada's Wonderland enter into US$1.45 billion senior secured credit facility

On July 29, 2010, Cedar Fair L.P., Magnum Management Corporation and Canada's Wonderland Company entered into a senior secured credit agreement providing the borrowers with term and revolving facilities in the aggregate principal amount of US$1.45 billion. The facilities are agented by JPMorgan Chase Bank, N.A.Cedar Fair L.P. is a is a publicly traded partnership based in Sandusky, Ohio, USA, and is one of the largest regional amusement park operators in the world. Canada's Wonderland Company is an indirect wholly owned subsidiary of Cedar Fair L.P. and operates Canada's Wonderland, located in Vaughan, Ontario. Fasken Martineau represented Canada's Wonderland Company and Wonderland Company Inc. in the negotiation of this agreement with a team that included Jon Holmstrom and Aaron Stefan (banking); Paul King (real estate); Krisztian Toth (securities); and Bill Bies (tax).