Live Nation prices $1.33 billion in senior notes to refinance 2027 debt
Filed with the SEC on · Summarized by InvestorsBot
Live Nation priced $730 million of 7.125% senior notes due 2032 and €600 million of 6.125% senior notes due 2032, with the offering expected to close on October 15, 2026. The company plans to use the proceeds to redeem its outstanding 6.5% senior secured notes due 2027 and cover offering costs, while cross-currency swaps are expected to produce a blended interest rate of approximately 5.89% across the new notes through October 2031.