{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-266120","form_type":"8-K","ticker":"SPHR","cik":"0001795250","company_name":"Sphere Entertainment Co.","filed_at":"2024-11-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.660705+00:00","generated_at":"2026-05-29T17:59:54.590526+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"MSGN subsidiary defaults on $829M term loan; forbearance extended to Dec 20, 2024","bullets":["MSGN Holdings L.P., a Sphere Entertainment subsidiary, failed to pay $829.125M principal on Oct 11, 2024 maturity.","Unpaid interest as of Nov 26, 2024 is $4.389M; total term loan outstanding remains $829.125M.","Forbearance period extended to Dec 20, 2024, subject to earlier termination events defined in the amended agreement.","Loan parties acknowledge the Specified Default and waive defenses; lenders reserve all remedies after forbearance ends.","Revolving credit commitments terminated as of Oct 11, 2024; no new debt or restricted payments allowed without lender consent."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-266120","json":"https://secwatch.observer/filing/0001193125-24-266120.json","markdown":"https://secwatch.observer/filing/0001193125-24-266120.md","text":"https://secwatch.observer/filing/0001193125-24-266120.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1795250/000119312524266120/0001193125-24-266120-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1795250/000119312524266120/d899421d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T17:59:54.590526+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"}