{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-236751","form_type":"8-K","ticker":"SPHR","cik":"0001795250","company_name":"Sphere Entertainment Co.","filed_at":"2024-10-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.659541+00:00","generated_at":"2026-05-30T15:32:28.620361+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Sphere Entertainment unit defaults on $829M term loan; enters forbearance until Nov 8","bullets":["MSGN Holdings missed $829M term loan payment due Oct 11, 2024, triggering Event of Default.","Forbearance from lenders; no remedy exercise until earlier of Nov 8 or certain termination events.","Borrower acknowledges $2.24M in unpaid interest and $22.9K in commitment fees as of Oct 11.","Revolving Credit Commitments terminated as of Oct 11, 2024.","Subsidiary reaffirms all obligations; no defenses or counterclaims against lenders."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-236751","json":"https://secwatch.observer/filing/0001193125-24-236751.json","markdown":"https://secwatch.observer/filing/0001193125-24-236751.md","text":"https://secwatch.observer/filing/0001193125-24-236751.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1795250/000119312524236751/0001193125-24-236751-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1795250/000119312524236751/d879763d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T15:32:28.620361+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}