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April 23, 2021 After announcing that it emerged from Chapter 11 bankruptcy in January, CEC Entertainment, the parent company of Chuck E. Cheese and Peter Piper Pizza restaurants, has closed a $650 million offering of its 6.750% senior secured notes and a $50 million revolving credit facility, according to a company press release. The company will use the money to refinance its first-lien term loan and second-lien term loan to pay fees and expenses related to the offering and the revolving credit facility as well as to increase cash for general corporate purposes, Jim Howell, CFO of CEC Entertainment, said in the release. This refinancing provides CEC Entertainment with greater liquidity and increased financial flexibility as we continue to rebound from the COVID-impacted business environment, he said. The refinancing and new revolving credit facility are a recognition of the company s strong family-friendly restaurant and entertainment brands and place the enterprise in positio

Jim howellChucke cheesePeter piper pizzaPiper pizzaஜிம் ஹோவெல்சக் சீஸ்பீட்டர் பைபர் பீஸ்ஸாபைபர் பீஸ்ஸா