---
schema_version: "secwatch.filing_event.v1"
accession: "0001335258-25-000137"
form_type: "8-K"
ticker: "LYV"
cik: "0001335258"
company_name: "Live Nation Entertainment, Inc."
filed_at: "2025-10-10T23:59:59+00:00"
generated_at: "2026-05-17T04:03:51.940885+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Live Nation closes $1.3B 2.875% convertible notes offering due 2031

## Summary
- Closed $1.3B 2.875% convertible notes due Oct 15, 2031; initial conversion price ~$224.93 (50% premium to $149.95 close).
- Proceeds plus new credit facilities to redeem $1.3B of 5.625% 2026 notes and repay existing term loan and revolver.
- Initial purchasers have 13-day option for additional $100M notes; total potential principal $1.4B.
- Plans new credit facilities: $1.3B term loan B, $700M delayed-draw term loan A, $1.3B revolver, $400M venue revolver.
- Issued conditional redemption notice for 2026 Notes on Nov 8, 2025, conditioned on receiving $302.4M gross proceeds.

## SEC filing metadata
- accession: 0001335258-25-000137
- form_type: 8-K
- ticker: LYV
- cik: 0001335258
- company_name: Live Nation Entertainment, Inc.
- filed_at: 2025-10-10T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1335258/000133525825000137/0001335258-25-000137-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1335258/000133525825000137/lyv-20251008.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001335258-25-000137
- JSON: https://secwatch.observer/filing/0001335258-25-000137.json
- Plain text: https://secwatch.observer/filing/0001335258-25-000137.txt

## Key facts
- Debt Financings
  Live Nation Entertainment, Inc. incurred convertible notes of $1.3 billion principal amount with HSBC Bank USA, National Association at 2.875% per annum maturing October 15, 2031.
  - Instrument: convertible notes
  - Principal: $1.3 billion principal amount
  - Counterparty: HSBC Bank USA, National Association
  - Rate: 2.875% per annum
  - Maturity: October 15, 2031
  - Event: incurrence
  source text: On October 10, 2025, Live Nation Entertainment, Inc. (the "Company") closed its previously announced offering of $1.3 billion principal amount of 2.875% Convertible Senior Notes due 2031 (the "Notes").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1335258/000133525825000137/0001335258-25-000137-index.htm

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