MSG Sports refinances Knicks and Rangers credit facilities; increases overall capacity

Madison Square Garden Sports Corp.

Knicks LLC entered $275M revolving credit facility maturing Dec 14, 2026; refinances $220M outstanding.
Rangers LLC entered $250M revolving credit facility maturing Dec 14, 2026; refinances $135M outstanding.
Knicks Holdings $75M credit facility terminated; no amounts outstanding.
Borrowings bear floating rate: base rate plus 0.25-0.5% (Knicks) or 0.5-1% (Rangers); term SOFR plus spread.
Both facilities require minimum debt service ratio of 1.5:1.00.

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