---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-359222"
form_type: "8-K"
ticker: "MSGS"
cik: "0001636519"
company_name: "Madison Square Garden Sports Corp."
filed_at: "2021-12-16T23:59:59+00:00"
generated_at: "2026-06-28T00:33:48.983151+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-21-359222
- form_type: 8-K
- ticker: MSGS
- cik: 0001636519
- company_name: Madison Square Garden Sports Corp.
- filed_at: 2021-12-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1636519/000119312521359222/0001193125-21-359222-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1636519/000119312521359222/d269439d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-359222
- JSON: https://secwatch.observer/filing/0001193125-21-359222.json
- Plain text: https://secwatch.observer/filing/0001193125-21-359222.txt

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