---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-239585"
form_type: "8-K"
ticker: "MSGE"
cik: "0001952073"
company_name: "Madison Square Garden Entertainment Corp."
filed_at: "2023-09-21T23:59:59+00:00"
generated_at: "2026-06-10T11:21:56.676739+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# MSG Entertainment subsidiary increases revolver by $50M to $150M

## Summary
- MSG National Properties amended its credit agreement to raise revolving commitments by $50M to $150M.
- Wells Fargo Bank provided the incremental $50M commitment; JPMorgan remains administrative agent.
- Amendment effective September 15, 2023; no change to interest rates or covenants disclosed.
- Guarantors reaffirmed their guarantees; existing liens continue in full force.

## SEC filing metadata
- accession: 0001193125-23-239585
- form_type: 8-K
- ticker: MSGE
- cik: 0001952073
- company_name: Madison Square Garden Entertainment Corp.
- filed_at: 2023-09-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1952073/000119312523239585/0001193125-23-239585-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1952073/000119312523239585/d554965d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-239585
- JSON: https://secwatch.observer/filing/0001193125-23-239585.json
- Plain text: https://secwatch.observer/filing/0001193125-23-239585.txt

## Key facts
- Debt Financings
  Madison Square Garden Entertainment Corp. amended credit facility of $150,000,000 with JPMorgan Chase Bank, N.A..
  - Instrument: credit facility
  - Principal: $150,000,000
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Event: amendment
  source text: the Revolving Credit Commitments (as defined in the Amended Credit Agreement) were increased by an aggregate amount of $50,000,000 to $150,000,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1952073/000119312523239585/0001193125-23-239585-index.htm
- Material Agreements
  Madison Square Garden Entertainment Corp. amended Amendment No. 3 to Credit Agreement with JPMorgan Chase Bank, N.A. valued at Revolving Credit Commitments increased by $50,000,000 to $150,000,000 (effective 2023-09-15).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Value: Revolving Credit Commitments increased by $50,000,000 to $150,000,000
  - Effective: 2023-09-15
  source text: On September 15, 2023, MSG National Properties, LLC (“National Properties”), a wholly-owned direct subsidiary of MSG Entertainment Holdings, LLC, a wholly-owned direct subsidiary of the registrant, Madison Square Garden Entertainment Corp., entered into Amendment No. 3 to Credit Agreement (the “National Properties Amendment”) to the Credit Agreement, dated as of June 30, 2022, as amended by Amendment No. 1 to Credit Agreement and Waiver, dated as of April 18, 2023 and Amendment No. 2 to Credit Agreement, dated as of May 25, 2023 (the “Existing Credit Agreement”, and the Existing Credit Agreement as amended by the National Properties Amendment, the “Amended Credit Agreement”), among National Properties, the guarantors party thereto, the lenders party thereto and JPMorgan Chase Bank, N.A., in its capacity as administrative agent, pursuant to which, among other things, the Revolving Credit Commitments (as defined in the Amended Credit Agreement) were increased by an aggregate amount of $5
  evidence_url: https://www.sec.gov/Archives/edgar/data/1952073/000119312523239585/0001193125-23-239585-index.htm

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