IRVING, Texas, April 23, 2021 /PRNewswire/ — CEC Entertainment, LLC (“CEC Entertainment” or the “Company”), a nationally recognized leader in family entertainment and dining, today announced that it closed a $650 million offering of its 6.750% senior secured notes due 2026 (the “Notes”) and a new $50 million revolving credit facility (the “Revolving Credit Facility”).

The Company utilized the proceeds of the Notes offering to refinance in whole its existing first lien term loan and second lien term loan (including any applicable make-whole premium), to pay fees and expenses related to the offering and the Revolving Credit Facility and to increase its cash available for general corporate purposes.

“This refinancing provides CEC Entertainment with greater liquidity and increased financial flexibility as we continue

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