Sphere Entertainment extends forbearance deadline under MSGN credit facility to April 4, 2025

Sphere Entertainment Co.

Forbearance period extended by two days to April 4, 2025 at 11:59 p.m. ET.
Extension covers non-payment of term loan principal due Oct 11, 2024 and failure to deliver annual budget.
Agreed via email among MSGN L.P., JPMorgan as agent, and supporting lenders.
Company subsidiary MSGN Holdings L.P. remains in forbearance; termination events still apply.
Extension suggests ongoing negotiations to resolve defaults under MSGN Credit Agreement.

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