Loan & DebtNov 6, 2026, 06:09 AM
TKO Group Holdings to Offer $1.0 Billion in Senior Secured Notes
AI Summary
TKO Group Holdings, Inc. announced the pricing of a $1.0 billion offering of Senior Secured Notes due 2031 by its indirect subsidiary, TKO Worldwide Holdings, LLC. The net proceeds are intended for general corporate purposes, which may include funding share repurchases. The notes will be guaranteed by TKO Guarantor, LLC and certain other subsidiaries, and secured by a first priority lien on collateral. The offering is expected to close around November 13, 2026.
Key Highlights
- TKO Group Holdings announced an offering of $1.0 billion in Senior Secured Notes due 2031.
- The notes are issued by indirect subsidiary TKO Worldwide Holdings, LLC.
- Proceeds will be used for general corporate purposes, potentially including share repurchases.
- The notes will be guaranteed by TKO Guarantor, LLC and certain other subsidiaries.
- The notes will be secured by a first priority lien on collateral securing existing credit facilities.
- The offering is subject to customary closing conditions, expected to close around November 13, 2026.
- The notes were priced at 6.500% interest rate.
Price Impact
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