S&P puts Six Flags on positive watch

Standard & Poor's said it placed the BB- corporate credit rating on Six Flags Entertainment Corp. on CreditWatch with positive implications.

The CreditWatch listing reflects the company's continued strong performance, which has resulted in credit measures that are potentially supportive of higher ratings, S&P said.

In the nine months ended Sept. 30, total revenue increased 2.5%. A 2.5% decline in attendance offset this gain somewhat, S&P said.

The decline in attendance was due largely to the effects of Hurricane Irene in August on parks in the northeast, the agency said.

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