secwatch / observer
8-K filed April 2, 2025, 7:59 PM ET ticker SPHR CIK 0001795250
debt confidence high sentiment negative materiality 0.45

Sphere Entertainment Co. (SPHR): debt financing — Sphere Entertainment extends forbearance deadline under MSGN credit facility to April 4, 2025

Sphere Entertainment Co.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.4

Sphere Entertainment Co. amended credit facility with JPMorgan Chase Bank, N.A..

Instrument
credit facility
Counterparty
JPMorgan Chase Bank, N.A.
Event
amendment
Exact text from the filing
(the “Company”), the guarantors identified therein (the “Guarantors”), JPMorgan Chase Bank, N.A., as administrative agent, and the lenders party thereto (the “Supporting Lenders”) entered into a Forbearance Agreement (as amended from time to time, the “Forbearance Agreement”) pursuant to which the Supporting Lenders agreed, subject to the terms of the Forbearance Agreement, to forbear, during the Forbearance Period (as defined in the Forbearance Agreement), from exercising certain of their available remedies under the Amended and Restated Credit Agreement, dated as of October 11, 2019, by and among MSGN L.P., the Guarantors, JPMorgan Chase Bank, N.A., as administrative agent, and the lenders from time to time party thereto (as amended, the “MSGN Credit Agreement”) with respect to or arising out of (i) MSGN L.P.’s failure to make payment on the outstanding principal amount under the term
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Sphere Entertainment Co. filing history →

Source: SEC EDGAR
accession 0001193125-25-071435
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