{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-129871","form_type":"8-K","ticker":"STRZ","cik":"0000929351","company_name":"STARZ ENTERTAINMENT CORP /CN/","filed_at":"2024-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.533272+00:00","generated_at":"2026-06-02T23:40:04.486287+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"LionsGate exchanges ~$383M of 5.5% notes due 2029; new notes to support Studio Business separation","bullets":["Exchange agreement for $383M aggregate principal of existing 5.500% Senior Notes due 2029 into new notes.","Pre-separation: New Notes bear 5.500% interest, mature 2029. Post-separation: 6.000% rate, maturity extended to 2030.","Exchange enhances balance sheets of both Studio and STARZ businesses in anticipation of full separation.","Completion subject to customary closing conditions; Wachtell Lipton advised Lionsgate."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-129871","json":"https://secwatch.observer/filing/0001193125-24-129871.json","markdown":"https://secwatch.observer/filing/0001193125-24-129871.md","text":"https://secwatch.observer/filing/0001193125-24-129871.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/929351/000119312524129871/0001193125-24-129871-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/929351/000119312524129871/d779843d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T23:40:04.486287+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7b940824cfbac66d1a199bf12ee34d776215f09a","claim":"STARZ ENTERTAINMENT CORP /CN/ entered into Exchange Agreement with certain holders of 5.500% Senior Notes due 2029 valued at approximately $383 million (effective 2024-05-02).","evidence_excerpt":"On May 2, 2024, Lions Gate Entertainment Corp. (the “ Company ”) entered into an Exchange Agreement (together with all annexes and schedules thereto, the “ Exchange Agreement ”) with Lions Gate Capital Holdings 1, Inc. (“ LGCH1 ”), Lions Gate Capital Holdings LLC (“ LGCH ”, and together with the Company and LGCH1, the “ Company Parties ”) and certain holders of 5.500% Senior Notes due 2029 (the “ Existing Notes ”) previously issued by LGCH (such holders, the “ Noteholder Parties ”, and together with the Company Parties, the “ Parties ”) pursuant to which the Parties agreed to enter into a private exchange of the Noteholder Parties’ Existing Notes for new 5.500% Exchange Notes due 2029 (the “ New Notes ”) to be issued by LGCH1.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/929351/000119312524129871/0001193125-24-129871-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"certain holders of 5.500% Senior Notes due 2029"},{"label":"Value","value":"approximately $383 million"},{"label":"Effective","value":"2024-05-02"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}