debt
confidence high
sentiment neutral
materiality 0.60
Lionsgate ups film library credit facility to $1.25B; waives prior quarterly reporting default
Lionsgate Studios Corp.
- Amended credit facility increased max principal from $1.0B to $1.25B on Sept 26, 2025.
- Facility originally $455M (Sept 2024) and expanded through four amendments.
- Interest at Term SOFR + 2.25%; matures Sept 30, 2029; quarterly 2.5% principal payments.
- Amendment No. 3 (June 2025) waived default for late delivery of March 31, 2025 quarterly financials.
- Collateral includes library titles; Annex B updated to add new titles under Amendment No. 4.