debt
confidence high
sentiment neutral
materiality 0.60
STARZ ENTERTAINMENT CORP /CN/ (STRZ): Nasdaq/NYSE listing notice — Lions Gate ups IP credit facility to $1B; faces NYSE non-compliance over annual meeting delay
STARZ ENTERTAINMENT CORP /CN/
- Maximum principal of LG IP Credit Facility increased from $850M to $1B as of March 31, 2025.
- NYSE notified Lions Gate on April 1, 2025 of non-compliance for failing to hold 2024 annual meeting.
- Annual meeting scheduled for April 23, 2025; '.BC' indicator appended to LGF.A and LGF.B until compliance.
- Facility matures September 30, 2029; interest rate at Term SOFR plus 2.25% per annum.