---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-003668"
form_type: "8-K"
ticker: "WMG"
cik: "0001319161"
company_name: "Warner Music Group Corp."
filed_at: "2024-01-24T23:59:59+00:00"
generated_at: "2026-06-06T19:06:40.964162+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Warner Music subsidiary extends term loan maturity to 2031, refinances $1.295B

## Summary
- Issued $1.295B Tranche I term loans to repay existing Tranche G term loans in full.
- Maturity extended from January 20, 2028 to January 24, 2031.
- Interest rate: Term SOFR + 2.00% or base rate + 1.00%, with applicable floors.
- JPMorgan Chase Bank acted as administrative agent and sole Tranche I term lender.
- Amendment entered on January 24, 2024; fees and conditions precedent satisfied.

## SEC filing metadata
- accession: 0001140361-24-003668
- form_type: 8-K
- ticker: WMG
- cik: 0001319161
- company_name: Warner Music Group Corp.
- filed_at: 2024-01-24T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1319161/000114036124003668/0001140361-24-003668-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1319161/000114036124003668/ef20019570_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-003668
- JSON: https://secwatch.observer/filing/0001140361-24-003668.json
- Plain text: https://secwatch.observer/filing/0001140361-24-003668.txt

## Key facts
- Debt Financings
  Warner Music Group Corp. incurred term loan with JPMorgan Chase Bank, N.A., as administrative agent, and the other financial institutions and lenders at Term SOFR ... plus 2.00% per annum maturing January 24, 2031.
  - Instrument: term loan
  - Counterparty: JPMorgan Chase Bank, N.A., as administrative agent, and the other financial institutions and lenders
  - Rate: Term SOFR ... plus 2.00% per annum
  - Maturity: January 24, 2031
  - Event: incurrence
  source text: The information contained in Item 1.01 concerning Acquisition Corp.’s direct financial obligations under the Senior Term Loan Credit Agreement Amendment is incorporated herein by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1319161/000114036124003668/0001140361-24-003668-index.htm
- Material Agreements
  Warner Music Group Corp. amended Senior Term Loan Credit Agreement Amendment with the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent (effective 2024-01-24).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent
  - Effective: 2024-01-24
  source text: On January 24, 2024, WMG Acquisition Corp. (“Acquisition Corp.”), a subsidiary of Warner Music Group Corp., entered into an amendment (the “Senior Term Loan Credit Agreement Amendment”) to the credit agreement, dated November 1, 2012
  evidence_url: https://www.sec.gov/Archives/edgar/data/1319161/000114036124003668/0001140361-24-003668-index.htm

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