secwatch.observer — SEC 8-K summary
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Issuer:     Warner Music Group Corp. (WMG)
CIK:        0001319161
Form:       8-K
Filed at:   2026-03-11T23:59:59+00:00
Accession:  0001193125-26-102112
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WMG subsidiary enters $1.295B term loan and $350M revolver, both due 2031
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1319161/000119312526102112/0001193125-26-102112-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1319161/000119312526102112/d115111d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-102112

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