---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-180419"
form_type: "8-K"
ticker: "WMG"
cik: "0001319161"
company_name: "Warner Music Group Corp."
filed_at: "2023-06-30T23:59:59+00:00"
generated_at: "2026-06-13T13:47:44.943062+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# WMG subsidiary refinances $150M Tranche H debt with new Tranche G loans

## Summary
- WMG Acquisition Corp. borrowed $150M in additional Tranche G term loans on June 30, 2023.
- Proceeds used to fully prepay Tranche H term loans, reducing Tranche H balance to zero.
- Total outstanding under Senior Term Loan Credit Agreement remains $1.295 billion after transaction.
- Transaction is a refinancing within the existing credit facility; no new net debt added.

## SEC filing metadata
- accession: 0001193125-23-180419
- form_type: 8-K
- ticker: WMG
- cik: 0001319161
- company_name: Warner Music Group Corp.
- filed_at: 2023-06-30T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1319161/000119312523180419/0001193125-23-180419-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1319161/000119312523180419/d420322d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-180419
- JSON: https://secwatch.observer/filing/0001193125-23-180419.json
- Plain text: https://secwatch.observer/filing/0001193125-23-180419.txt

## Key facts
- Debt Financings
  Warner Music Group Corp. incurred term loan of $150 million with JPMorgan Chase Bank, N.A., as increasing lender, and Credit Suisse AG, as administrative agent.
  - Instrument: term loan
  - Principal: $150 million
  - Counterparty: JPMorgan Chase Bank, N.A., as increasing lender, and Credit Suisse AG, as administrative agent
  - Event: incurrence
  source text: pursuant to which Acquisition Corp. has borrowed additional Tranche G term loans in an amount equal to $150 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1319161/000119312523180419/0001193125-23-180419-index.htm
- Material Agreements
  Warner Music Group Corp. entered into Third Increase Supplement with JPMorgan Chase Bank, N.A. valued at $150 million (effective 2023-06-30).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Value: $150 million
  - Effective: 2023-06-30
  source text: On June 30, 2023, WMG Acquisition Corp. (“Acquisition Corp.”), a subsidiary of Warner Music Group Corp., entered into an increase supplement (the “Third Increase Supplement”), among Acquisition Corp., the guarantors party thereto, WMG Holdings Corp., JPMorgan Chase Bank, N.A., as increasing lender, and Credit Suisse AG, as administrative agent, to the senior term loan credit agreement
  evidence_url: https://www.sec.gov/Archives/edgar/data/1319161/000119312523180419/0001193125-23-180419-index.htm

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