---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-25-011980"
form_type: "8-K"
ticker: "LUCK"
cik: "0001840572"
company_name: "Lucky Strike Entertainment Corp"
filed_at: "2025-09-23T23:59:59+00:00"
generated_at: "2026-05-17T05:54:02.866377+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Lucky Strike issues $500M 7.250% notes, refinances $1.2B term loan and $425M revolver

## Summary
- Issued $500M 7.250% senior secured notes due 2032; net proceeds used with new term loan to repay $1.28B term loan, $230M bridge loan, and revolver borrowings.
- Issuer (Kingpin Intermediate) entered $1.2B new term loan facility with 7-year maturity and $425M revolving credit facility with 5-year maturity.
- New revolver bears SOFR+3.00% (step-downs to 2.50%); term loan SOFR+3.25% (step-down to 3.00%). Both secured by substantially all assets.
- Existing debt fully repaid; Amended Credit Agreement includes financial covenant requiring first lien net leverage ≤6.00x.

## SEC filing metadata
- accession: 0000950103-25-011980
- form_type: 8-K
- ticker: LUCK
- cik: 0001840572
- company_name: Lucky Strike Entertainment Corp
- filed_at: 2025-09-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1840572/000095010325011980/0000950103-25-011980-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1840572/000095010325011980/dp234654_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-25-011980
- JSON: https://secwatch.observer/filing/0000950103-25-011980.json
- Plain text: https://secwatch.observer/filing/0000950103-25-011980.txt

## Key facts
- Debt Financings
  Lucky Strike Entertainment Corp incurred term loan of $1,200.0 million at Adjusted Term SOFR Rate plus 3.25% per annum, subject to 1 step down to 3.00% pe maturing seven-year term to maturity.
  - Instrument: term loan
  - Principal: $1,200.0 million
  - Rate: Adjusted Term SOFR Rate plus 3.25% per annum, subject to 1 step down to 3.00% pe
  - Maturity: seven-year term to maturity
  - Event: incurrence
  source text: the Issuer entered into an amendment (the “Fifteenth Amendment”) to the Issuer’s existing first lien credit agreement (the “Existing Credit Agreement” and, as amended by the Fifteenth Amendment, the “Amended Credit Agreement”) providing for a refinancing term loan facility of $1,200.0 million with a seven-year term to maturity (the “New Term Loan Facility)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1840572/000095010325011980/0000950103-25-011980-index.htm
- Debt Financings
  Lucky Strike Entertainment Corp incurred revolving credit of $425.0 million at Adjusted Term SOFR Rate plus 3.00% per annum, subject to 2 step downs to 2.75% a maturing five-year term.
  - Instrument: revolving credit
  - Principal: $425.0 million
  - Rate: Adjusted Term SOFR Rate plus 3.00% per annum, subject to 2 step downs to 2.75% a
  - Maturity: five-year term
  - Event: incurrence
  source text: a refinancing five-year revolving credit facility (the “New Revolving Credit Facility” and, together with the New Term Loan Facility, the “New Senior Secured Credit Facilities”), which has initial commitments of $425.0 million and a five-year term.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1840572/000095010325011980/0000950103-25-011980-index.htm
- Debt Financings
  Lucky Strike Entertainment Corp incurred senior notes of $500.0 million with U.S. Bank Trust Company, National Association at 7.250% per annum maturing October 15, 2032.
  - Instrument: senior notes
  - Principal: $500.0 million
  - Counterparty: U.S. Bank Trust Company, National Association
  - Rate: 7.250% per annum
  - Maturity: October 15, 2032
  - Event: incurrence
  source text: On September 22, 2025, Kingpin Holdings Intermediate LLC (the “Issuer”), a subsidiary of Lucky Strike Entertainment Corporation (the “Company”), completed the previously announced offering of $500.0 million aggregate principal amount of 7.250% senior secured notes due 2032 (the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1840572/000095010325011980/0000950103-25-011980-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.