---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-202794"
form_type: "8-K"
ticker: "TKO"
cik: "0001973266"
company_name: "TKO Group Holdings, Inc."
filed_at: "2025-09-15T23:59:59+00:00"
generated_at: "2026-05-17T06:40:42.363263+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TKO Group borrows $1B to fund $1B in share repurchases including $800M accelerated buyback

## Summary
- Borrowed $1.0B incremental term loan (SOFR+2.00%, matures Nov 2031); revolver maturity extended to 2030.
- Entered $800M accelerated share repurchase with Morgan Stanley; expects initial delivery of 3,161,430 shares.
- Also up to $174M under 10b5-1 plan and $26M private repurchase closed Sept 5, 2025.
- After these repurchases, $1.0B remains under $2.0B authorization; program target ~3-4 years.

## SEC filing metadata
- accession: 0001193125-25-202794
- form_type: 8-K
- ticker: TKO
- cik: 0001973266
- company_name: TKO Group Holdings, Inc.
- filed_at: 2025-09-15T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1973266/000119312525202794/0001193125-25-202794-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1973266/000119312525202794/d947346d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-202794
- JSON: https://secwatch.observer/filing/0001193125-25-202794.json
- Plain text: https://secwatch.observer/filing/0001193125-25-202794.txt

## Key facts
- Debt Financings
  TKO Group Holdings, Inc. incurred term loan of $1.0 billion with Goldman Sachs Bank USA, as administrative agent at Term SOFR plus 2.00% maturing November 21, 2031.
  - Instrument: term loan
  - Principal: $1.0 billion
  - Counterparty: Goldman Sachs Bank USA, as administrative agent
  - Rate: Term SOFR plus 2.00%
  - Maturity: November 21, 2031
  - Event: incurrence
  source text: (the “Company” or “TKO”), entered into an amendment (the “Credit Agreement Amendment”) to the First Lien Credit Agreement, dated as of August 18, 2016, among TKO Guarantor, LLC (f/k/a UFC Guarantor, LLC), as holdings, TKO Holdings, as borrower, Goldman Sachs Bank USA, as administrative agent, and the lenders party thereto (as previously amended and/or restated, the “Existing Credit Agreement” and, as further amended by the Credit Agreement Amendment, the “Credit Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1973266/000119312525202794/0001193125-25-202794-index.htm

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