secwatch.observer — SEC 8-K summary
======================================

Issuer:     Lionsgate Studios Corp. (LION)
CIK:        0002052959
Form:       8-K
Filed at:   2025-10-01T23:59:59+00:00
Accession:  0002052959-25-000028
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lionsgate ups film library credit facility to $1.25B; waives prior quarterly reporting default
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2052959/000205295925000028/0002052959-25-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2052959/000205295925000028/lion-20250926.htm
  HTML page:      https://secwatch.observer/filing/0002052959-25-000028

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer