---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-272394"
form_type: "8-K"
ticker: "MSGS"
cik: "0001636519"
company_name: "Madison Square Garden Sports Corp."
filed_at: "2025-11-07T23:59:59+00:00"
generated_at: "2026-05-16T23:05:07.666950+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# MSG Sports refinances Knicks credit facility to $425M and Rangers facility to $250M, both due 2030

## Summary
- Knicks LLC entered $425M senior secured revolving credit facility maturing Nov 6, 2030; refinanced $267M outstanding from prior facility.
- Rangers LLC entered $250M senior secured revolving credit facility maturing Nov 6, 2030; no borrowings outstanding at closing.
- Interest rates: base rate plus 0.25%-0.375% (Knicks) or 0.375%-0.625% (Rangers); or SOFR plus 1.25%-1.625% depending on league credit rating.
- Both facilities require minimum debt service ratio of 1.5:1.00 and include customary covenants and events of default.

## SEC filing metadata
- accession: 0001193125-25-272394
- form_type: 8-K
- ticker: MSGS
- cik: 0001636519
- company_name: Madison Square Garden Sports Corp.
- filed_at: 2025-11-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1636519/000119312525272394/0001193125-25-272394-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1636519/000119312525272394/d55498d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-272394
- JSON: https://secwatch.observer/filing/0001193125-25-272394.json
- Plain text: https://secwatch.observer/filing/0001193125-25-272394.txt

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