Live Nation Entertainment Inc.
05/08/2026 | Press release | Distributed by Public on 05/08/2026 15:05
Material Agreement, Financial Obligation (Form 8-K)
Item 1.01 Entry into a Material Definitive Agreement.
On May 8, 2026, Live Nation VenueCo, LLC ("VenueCo"), a bankruptcy-remote, special purpose vehicle owned by certain bankruptcy-remote, special purpose entities (the "Participants"), which are indirect subsidiaries of Live Nation Entertainment, Inc. (the "Company"), closed its previously announced issuance of €610 million aggregate principal amount of fixed rate senior secured notes (the "Notes").
The Notes were issued pursuant to (1) a Note Purchase Agreement (the "Note Purchase Agreement") dated April 30, 2026 providing for the issuance of the Notes by VenueCo on behalf of and as representative for issuers located in other jurisdictions (together with VenueCo, the "Members") and (2) a Master Trust Indenture (the "Master Indenture") dated April 30, 2026, and a First Supplemental Indenture (the "First Supplemental Indenture"), dated May 8, 2026, in each case with respect to such indenture and supplement, among VenueCo and the other Members, Mount Street Mortgage Servicing Limited as Master Trustee (the "Trustee") and Master Servicer, HSBC Bank USA, N.A. ("HSBC") as Depositary and the other parties thereto.
The Notes are secured, among other things, by the rights of the applicable Members to and under mortgages granted by the Participants on substantially all of the real property assets comprising four venues located in the United States, the Netherlands and Ireland, collateral assignments by the Participants of all related personal property, and an assignment of monthly current and deferred revenues from the venues after deduction of operating expenses.
The Notes are non-recourse to the Company and its subsidiaries other than the Members and their subsidiaries.
The description of the Notes, Note Purchase Agreement, Master Indenture and First Supplemental Indenture set forth under Item 5 of the Company's quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission on May 5, 2026 is hereby incorporated by reference.
Copies of the Note Purchase Agreement, the Master Indenture and the First Supplemental Indenture will be filed as exhibits to the Company's Quarterly Report on Form 10-Q for the quarter ending June 30, 2026.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The information set forth under Item 1.01 above is hereby incorporated by reference into this Item 2.03.
Live Nation Entertainment Inc. published this content on May 08, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on May 08, 2026 at 21:05 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]