---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-254266"
form_type: "8-K"
ticker: "SPHR"
cik: "0001795250"
company_name: "Sphere Entertainment Co."
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T02:05:59.801269+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Sphere extends MSGN loan forbearance to Nov 26; fee amounts doubled

## Summary
- Forbearance Period on MSGN term loan maturity default extended to Nov 26, 2024 (from Nov 8).
- Fees increased: Section 3.01(i) fee raised to $1,100,000 (from $550k) and 3.01(l) to $400k (from $200k).
- Conditions: MSGN must pay all accrued interest and fees, plus pro-rated administrative agency fee.
- Forbearance originally entered Oct 11, 2024 after MSGN L.P. failed to pay principal at Oct 11, 2024 maturity.

## SEC filing metadata
- accession: 0001193125-24-254266
- form_type: 8-K
- ticker: SPHR
- cik: 0001795250
- company_name: Sphere Entertainment Co.
- filed_at: 2024-11-12T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1795250/000119312524254266/0001193125-24-254266-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1795250/000119312524254266/d872375d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-254266
- JSON: https://secwatch.observer/filing/0001193125-24-254266.json
- Plain text: https://secwatch.observer/filing/0001193125-24-254266.txt

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