---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-116017"
form_type: "8-K/A"
ticker: "STRZ"
cik: "0000929351"
company_name: "STARZ ENTERTAINMENT CORP /CN/"
filed_at: "2025-05-08T23:59:59+00:00"
generated_at: "2026-05-22T06:31:24.638946+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Starz corrects credit facility maturity to five years (was four) in 8-K/A

## Summary
- Credit agreement dated May 6, 2025 provides $300M term loan and $150M revolving facility.
- Maturity corrected to five years after closing; original 8-K erroneously stated four years.
- Borrowings bear interest at Term SOFR plus 3.00% or base rate plus 2.00%, subject to leverage-based grid.
- Covenants include Net Total Leverage Ratio stepping down from 4.50x to 3.50x over four years.
- Facilities used for working capital, general corporate purposes, and permitted acquisitions.

## SEC filing metadata
- accession: 0001193125-25-116017
- form_type: 8-K/A
- ticker: STRZ
- cik: 0000929351
- company_name: STARZ ENTERTAINMENT CORP /CN/
- filed_at: 2025-05-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/929351/000119312525116017/0001193125-25-116017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/929351/000119312525116017/d867517d8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-116017
- JSON: https://secwatch.observer/filing/0001193125-25-116017.json
- Plain text: https://secwatch.observer/filing/0001193125-25-116017.txt

## Key facts
- Debt Financings
  STARZ ENTERTAINMENT CORP /CN/ incurred credit facility of $300.0 million senior secured term loan credit facility and $150.0 million senior secured revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent at Term SOFR (subject to a 0.00% floor) or a base rate, in each case plus an applic maturing five years after the closing date of the facility.
  - Instrument: credit facility
  - Principal: $300.0 million senior secured term loan credit facility and $150.0 million senior secured revolving credit facility
  - Counterparty: JPMorgan Chase Bank, N.A., as administrative agent
  - Rate: Term SOFR (subject to a 0.00% floor) or a base rate, in each case plus an applic
  - Maturity: five years after the closing date of the facility
  - Event: incurrence
  source text: “Borrower”), the guarantors referred to therein, the lenders referred to therein and JPMorgan Chase Bank, N.A., as administrative agent. The Credit Agreement provides for (i) a $300.0 million senior secured term loan credit facility and (ii) a $150.0 million senior secured revolving credit facility. The Credit Agreement and commitments thereunder will mature on the
  evidence_url: https://www.sec.gov/Archives/edgar/data/929351/000119312525116017/0001193125-25-116017-index.htm

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