Loan & DebtMay 8, 2026, 05:07 PM
Live Nation VenueCo Closes €610M Senior Secured Notes
AI Summary
Live Nation VenueCo, LLC, an indirect subsidiary of Live Nation Entertainment, Inc., closed its previously announced issuance of €610 million aggregate principal amount of fixed rate senior secured notes. These notes are secured by mortgages on real property assets of four venues in the US, Netherlands, and Ireland, along with related personal property and assigned revenues. The notes are non-recourse to Live Nation Entertainment, Inc. and its subsidiaries, except for the direct issuing entities.
Key Highlights
- Live Nation VenueCo closed issuance of €610 million fixed rate senior secured notes.
- Notes issued by Live Nation VenueCo, a bankruptcy-remote special purpose vehicle.
- Notes are secured by mortgages on four venues in the US, Netherlands, and Ireland.
- Security also includes related personal property and assigned monthly revenues.
- Notes are non-recourse to Live Nation Entertainment, Inc. (parent company).