---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-134381"
form_type: "8-K"
ticker: "STRZ"
cik: "0000929351"
company_name: "STARZ ENTERTAINMENT CORP /CN/"
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T15:09:29.521880+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Lions Gate completes $389.9M private exchange of 5.5% senior notes for new 5.5% notes due 2029

## Summary
- Exchanged $389.9M of 5.5% senior notes due 2029 for new 5.5% notes due 2029 issued by LGCH1.
- Upon separation of Studio and STARZ, interest rate on new notes rises to 6% and maturity extends to April 15, 2030.
- New notes initially guaranteed by existing obligors; after separation solely by Studio Business entities.
- Supplemental indenture amended existing notes to remove restrictive covenants and default events.
- Transaction facilitates planned separation of Studio and STARZ businesses.

## SEC filing metadata
- accession: 0001193125-24-134381
- form_type: 8-K
- ticker: STRZ
- cik: 0000929351
- company_name: STARZ ENTERTAINMENT CORP /CN/
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/929351/000119312524134381/0001193125-24-134381-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/929351/000119312524134381/d819229d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-134381
- JSON: https://secwatch.observer/filing/0001193125-24-134381.json
- Plain text: https://secwatch.observer/filing/0001193125-24-134381.txt

## Key facts
- Debt Financings
  STARZ ENTERTAINMENT CORP /CN/ incurred senior notes of $389,861,000 with U.S. Bank Trust Company, National Association at 5.500% per annum maturing April 15, 2029.
  - Instrument: senior notes
  - Principal: $389,861,000
  - Counterparty: U.S. Bank Trust Company, National Association
  - Rate: 5.500% per annum
  - Maturity: April 15, 2029
  - Event: incurrence
  source text: ”), Lions Gate Entertainment Corp. (the “ Company ”) and certain of its subsidiaries completed the previously announced private exchange, pursuant to which the parties exchanged $389,861,000 aggregate principal amount of 5.500% senior notes due 2029 (the “ Existing Notes ”) for $389,861,000 aggregate principal amount of new 5.500% exchange notes due 2029 (the “ New
  evidence_url: https://www.sec.gov/Archives/edgar/data/929351/000119312524134381/0001193125-24-134381-index.htm

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