{"schema_version":"secwatch.filing_event.v1","accession":"0001335258-23-000105","form_type":"8-K","ticker":"LYV","cik":"0001335258","company_name":"Live Nation Entertainment, Inc.","filed_at":"2023-11-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.692277+00:00","generated_at":"2026-06-07T23:53:10.903080+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Live Nation enters new $1.3B revolver, repays $367.5M term loan, expects $4.4M annual interest savings","bullets":["New $1.3 billion revolving credit facility refinanced existing $630 million revolver and repaid $367.5 million delayed draw term A loan.","Estimated annualized cash interest expense and commitment fee savings of $4.4 million versus prior credit agreement.","New revolver matures November 16, 2028, with a financial covenant requiring max net debt/EBITDA ratio stepping down from 6.75x to 5.25x.","Applicable margin for SOFR loans set at 1.75% per annum; commitment fee on undrawn portion is 0.35%.","Credit facility includes $250M letter of credit sublimit, $100M swingline, and multicurrency borrowing options."],"urls":{"canonical":"https://secwatch.observer/filing/0001335258-23-000105","json":"https://secwatch.observer/filing/0001335258-23-000105.json","markdown":"https://secwatch.observer/filing/0001335258-23-000105.md","text":"https://secwatch.observer/filing/0001335258-23-000105.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1335258/000133525823000105/0001335258-23-000105-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1335258/000133525823000105/lyv-20231116.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T23:53:10.903080+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"20cef323a54e50ba6263c7b43f56f525d4b049a6","claim":"Live Nation Entertainment, Inc. incurred revolving credit of up to $1,300 million with JPMorgan Chase Bank, N.A., as administrative agent and as collateral agent, and the lenders party thereto at term SOFR plus 1.75% per annum / base rate plus 0.75% per annum maturing November 16, 2028.","evidence_excerpt":"The Amendment provides for, among other things, a new $1,300 million revolving credit facility, which refinanced the Company’s existing $630 million revolving credit facilities and was drawn at closing to repay in full the Company’s outstanding $367.5 million delayed draw term A loan facility.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1335258/000133525823000105/0001335258-23-000105-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"up to $1,300 million"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as administrative agent and as collateral agent, and the lenders party thereto"},{"label":"Rate","value":"term SOFR plus 1.75% per annum / base rate plus 0.75% per annum"},{"label":"Maturity","value":"November 16, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"b2824e7472b264d1e98bc9105d1e64d0800d3588","claim":"Live Nation Entertainment, Inc. amended Amendment No. 11 with JPMorgan Chase Bank, N.A., as administrative agent and as collateral agent valued at $1,300 million (effective 2023-11-16).","evidence_excerpt":"On November 16, 2023, Live Nation Entertainment, Inc. (the “Company”) entered into Amendment No. 11 (the “Amendment”) to its Credit Agreement, dated as of May 6, 2010, among the Company, the guarantors party thereto, JPMorgan Chase Bank, N.A., as administrative agent and as collateral agent, JPMorgan Chase Bank, NA., Toronto Branch, as Canadian agent, J.P. Morgan Europe Limited, as London agent, and the lenders party thereto","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1335258/000133525823000105/0001335258-23-000105-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as administrative agent and as collateral agent"},{"label":"Value","value":"$1,300 million"},{"label":"Effective","value":"2023-11-16"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}