Warner Music Group Corp. (WMG): debt financing — WMG subsidiary enters $1.295B term loan and $350M revolver, both due 2031

Warner Music Group Corp.

Term loan A facility of $1.295 billion; revolving credit facility of $350 million.
Both facilities mature on March 11, 2031.
Initial interest rate margins: SOFR + 1.375% on term loan, SOFR + 1.250% on revolver; ABR margins lower.
Credit agreement amends and restates prior 2012 and 2018 credit agreements.
Proceeds used for general corporate purposes and refinancing existing obligations.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

Warner Music Group Corp. incurred credit facility of $350 million revolving credit facility and $1.295 billion term loan A facility with JPMorgan Chase Bank, N.A., as administrative agent, and the lenders party thereto at Borrowings bear interest at SOFR plus applicable margin (1.250% to 1.625% for Te maturing March 11, 2031.

Instrument: credit facility
Principal: $350 million revolving credit facility and $1.295 billion term loan A facility
Counterparty: JPMorgan Chase Bank, N.A., as administrative agent, and the lenders party thereto
Rate: Borrowings bear interest at SOFR plus applicable margin (1.250% to 1.625% for Te
Maturity: March 11, 2031
Event: incurrence

Exact text from the filing

On March 11, 2026, WMG Acquisition Corp. (“Acquisition Corp.”), a subsidiary of Warner Music Group Corp., entered into an amended and restated credit agreement (the “Credit Agreement”) among Acquisition Corp., as borrower, the guarantors party thereto, the lenders party thereto, JPMorgan Chase Bank, N.A., as administrative agent, and the other financial institutions and lenders from time to time party thereto.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Warner Music Group Corp. amended Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent, and the lenders party thereto valued at $350 million revolving credit facility and a $1.295 billion term loan A facility (effective 2026-03-11).

Action: amendment
Agreement: credit facility
Counterparty: JPMorgan Chase Bank, N.A., as administrative agent, and the lenders party thereto
Value: $350 million revolving credit facility and a $1.295 billion term loan A facility
Effective: 2026-03-11

Exact text from the filing

On March 11, 2026, WMG Acquisition Corp. (“Acquisition Corp.”), a subsidiary of Warner Music Group Corp., entered into an amended and restated credit agreement (the “Credit Agreement”) among Acquisition Corp., as borrower, the guarantors party thereto, the lenders party thereto, JPMorgan Chase Bank, N.A., as administrative agent, and the other financial institutions and lenders from time to time party thereto.

View on SEC.gov

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Warner Music Group Corp. filing history →

Source: SEC EDGAR

accession 0001193125-26-102112

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