---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-103455"
form_type: "8-K"
ticker: "FBYD"
cik: "0001937987"
company_name: "Falcon's Beyond Global, Inc."
filed_at: "2024-11-27T23:59:59+00:00"
generated_at: "2026-05-29T15:35:55.480965+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Falcon's Beyond extends loan maturities to Feb 2025, raises interest to 11.75%

## Summary
- Third amendments to two term loans extend maturity to February 28, 2025.
- Interest rate increased from 8.875% to 11.75% per annum effective November 16, 2024.
- Loans become due within 5 business days if borrower receives ≥$10M in equity/debt or Tenerife asset sale proceeds.
- If Tenerife sale not closed by Jan 31, 2025, commitment increases by $250,000; if not by Feb 28, another $250,000.
- Original loans (~$7.2M from Katmandu, $1.25M from Universal Kat) assigned to FAST Sponsor II.

## SEC filing metadata
- accession: 0001213900-24-103455
- form_type: 8-K
- ticker: FBYD
- cik: 0001937987
- company_name: Falcon's Beyond Global, Inc.
- filed_at: 2024-11-27T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1937987/000121390024103455/0001213900-24-103455-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1937987/000121390024103455/ea0222816-8k_falcons.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-103455
- JSON: https://secwatch.observer/filing/0001213900-24-103455.json
- Plain text: https://secwatch.observer/filing/0001213900-24-103455.txt

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