Sphere Entertainment extends forbearance on MSGN unit's debt default through April 24, 2025

Sphere Entertainment Co.

Forbearance period extended three days to April 24, 2025 at 11:59 p.m. ET via email agreement.
MSGN L.P. failed to pay term loan principal due Oct 11, 2024 and missed budget delivery by Mar 31, 2025.
Extension temporarily avoids exercise of remedies by Supporting Lenders under MSGN Credit Agreement.
Forbearance had been repeatedly extended since initial Nov 8, 2024 expiration.

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