---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-071435"
form_type: "8-K"
ticker: "SPHR"
cik: "0001795250"
company_name: "Sphere Entertainment Co."
filed_at: "2025-04-02T23:59:59+00:00"
generated_at: "2026-05-23T23:53:38.379459+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-071435
- form_type: 8-K
- ticker: SPHR
- cik: 0001795250
- company_name: Sphere Entertainment Co.
- filed_at: 2025-04-02T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1795250/000119312525071435/0001193125-25-071435-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1795250/000119312525071435/d906814d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-071435
- JSON: https://secwatch.observer/filing/0001193125-25-071435.json
- Plain text: https://secwatch.observer/filing/0001193125-25-071435.txt

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