Sphere sub extends forbearance to Jan 10, 2025 on $829M term loan default

Sphere Entertainment Co.

Second Amended and Restated Forbearance Agreement extends forbearance period to January 10, 2025.
Term loan principal outstanding $829,125,000 plus $4,802,568 in unpaid interest as of Dec 20, 2024.
Forbearance covers Specified Default (failure to pay principal at maturity on Oct 11, 2024).
Supporting Lenders may terminate forbearance on certain events including new default or breach of covenants.
Borrower acknowledges no defenses and obligations are valid; Revolving Credit Commitments terminated Oct 11, 2024.

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