secwatch.observer — SEC 8-K summary
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Issuer:     STARZ ENTERTAINMENT CORP /CN/ (STRZ)
CIK:        0000929351
Form:       8-K
Filed at:   2025-04-04T23:59:59+00:00
Accession:  0001193125-25-072511
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lions Gate ups IP credit facility to $1B; faces NYSE non-compliance over annual meeting delay
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/929351/000119312525072511/0001193125-25-072511-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/929351/000119312525072511/d944265d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-072511

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