LYV · 8-K · 20261009PR000046

Senior Notes Refinancing

Live Nation Entertainment, Inc. · 2026-10-09 · Importance 64 · Surprise 42 · In source text

Live Nation priced $730 million of 7.125% senior notes due 2032 and €600 million of 6.125% senior notes due 2032, both at 100% of face value. The offering is expected to close October 15, 2026, subject to customary closing conditions, and the notes will be guaranteed by the company and qualifying domestic subsidiaries. Live Nation intends to use net proceeds to redeem all outstanding 6.500% senior secured notes due 2027, pay offering fees and expenses, and for general corporate purposes, potentially including repayment or repurchase of other indebtedness.

Key facts

• On October 7, 2026, Live Nation Entertainment priced an offering of $730,000,000 aggregate principal amount of 7.125% senior notes due 2032 and €600,000,000 aggregate principal amount of 6.125% senior notes due 2032. source
• The Notes offering is scheduled to close on October 15, 2026, subject to customary closing conditions. source
• Live Nation intends to use the net proceeds to redeem in full all of its outstanding 6.500% senior secured notes due 2027, pay offering fees and expenses, and for general corporate purposes, potentially including repayment or repurchase of certain indebtedness. source
• The U.S. Dollar Notes will bear interest at 7.125% per annum and be issued at 100.000% of face value. source
• The Euro Notes will bear interest at 6.125% per annum and be issued at 100.000% of face value. source
• The Notes will be guaranteed by Live Nation Entertainment and its existing and future domestic restricted subsidiaries that guarantee its senior secured credit facilities. source
• The Notes offering may not be consummated on the expected terms or at all, and market and general economic conditions are identified as risks to the offering. source
• The Notes and related guarantees are being offered through a private placement and will not be registered under the Securities Act of 1933 or state securities laws. source

Impact estimates