secwatch.observer — SEC 8-K summary
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Issuer:     StubHub Holdings, Inc. (STUB)
CIK:        0001337634
Form:       8-K
Filed at:   2026-10-14T20:30:31+00:00
Accession:  0001193125-26-421733
Event type: debt
Sentiment:  positive
Materiality: 0.50
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

StubHub extends term loan maturities to Oct 2033, cuts borrowing costs 25bp
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- Amendment No. 7 to the Feb 2020 credit agreement extends the $804M USD Term Loan B and €452M Euro Term Loan B by 3.5 years, from March 2030 to October 2033.
- USD Term Loan B increased by $171M to $975M; Euro Term Loan B cut by €152M to €300M, leaving total Term Loans unchanged and improving FX risk profile.
- New margins: SOFR+450bp on USD TLB, EURIBOR+475bp on Euro TLB, 350bp on revolver, with step-downs to 325bp/300bp at 2.00x/1.50x leverage.
- $565M revolver: $140M matures Sept 2030, $425M extended one year to Oct 2031; includes $120M letter-of-credit and $60M swingline sublimits.
- StubHub says it has repaid $1.1B of debt in the prior twelve months; Moody's upgraded its Corporate Family Rating to B2 from B3 in September.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1337634/000119312526421733/0001193125-26-421733-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1337634/000119312526421733/d180521d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-421733

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