---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-087520"
form_type: "8-K"
ticker: "SPHR"
cik: "0001795250"
company_name: "Sphere Entertainment Co."
filed_at: "2025-04-22T23:59:59+00:00"
generated_at: "2026-05-23T09:27:41.776100+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-087520
- form_type: 8-K
- ticker: SPHR
- cik: 0001795250
- company_name: Sphere Entertainment Co.
- filed_at: 2025-04-22T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1795250/000119312525087520/0001193125-25-087520-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1795250/000119312525087520/d913604d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-087520
- JSON: https://secwatch.observer/filing/0001193125-25-087520.json
- Plain text: https://secwatch.observer/filing/0001193125-25-087520.txt

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