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Cedar Fair, L.P.: Update to Credit Analysis

Well positioned regional amusement park operator supported by moderate leverage, but significant partnership distributions
Cedar Fair L.P. Dep Rec

Cedar Fair is an amusement park operator. As of Dec 31 2016, the company owned 11 amusement parks, two outdoor water parks, one indoor water park and five hotels. The amusement parks include: Cedar Point, in Sandusky, OH; Knott's Berry Farm, near Los Angeles, CA; Canada's Wonderland, near Toronto, Canada; Kings Island, near Cincinnati, OH; Carowinds, in Charlotte, NC; Dorney Park & Wildwater Kingdom, in Allentown, PA; Kings Dominion, near Richmond, VA; California's Great America, in Santa Clara, CA; Valleyfair, near Minneapolis/St. Paul, MN; Worlds of Fun, in Kansas City, MO; and Michigan's Adventure, in Muskegon, MI. The company also manages and operates Gilroy Gardens Family Theme Park in Gilroy, CA.

Moody's Investors Service
Moody's Investors Service

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