AI English summary of an SEC filing — figures as filed
TKO Group Holdings TKOTKO said its indirect subsidiary UFC Holdings, LLC entered into the Fifth Refinancing Amendment on November 21, 2024, refinancing the existing 1 first lien secured term loans with new Term Loans of $2,750.0 million, which mature on November 21, 2031.
Key points
AI summaryTKO said its indirect subsidiary UFC Holdings, LLC entered into the Fifth Refinancing Amendment on November 21, 2024, refinancing the existing 1 first lien secured term loans with new Term Loans of $2,750.0 million, which mature on November 21, 2031.
The company said UFC Holdings refinanced its existing secured Revolving Credit Facility with a new Revolving Credit Facility with an aggregate principal amount of $205.0 million, which matures on November 21, 2029.
The company said SOFR term loans under the new Term Loans bear interest at Term SOFR plus 2.25%, with a SOFR floor of 0.00%, and that principal amortization of 1% is paid in equal quarterly installments.
The company said UFC Holdings borrowed new Term Loans of $2,750.0 million on November 21, 2024 and used the proceeds to repay the entire amount of the existing Term Loans and to pay fees and expenses related to the Credit Agreement Amendment.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
New 1 first lien secured Term Loans of $2,750.0 million and maturity in 2031
TKO said its indirect subsidiary UFC Holdings, LLC entered into the Fifth Refinancing Amendment on November 21, 2024, refinancing the existing 1 first lien secured term loans with new Term Loans of $2,750.0 million, which mature on November 21, 2031.
Source · Based on the filing body and exhibits
New Revolving Credit Facility of $205.0 million and maturity in 2029
The company said UFC Holdings refinanced its existing secured Revolving Credit Facility with a new Revolving Credit Facility with an aggregate principal amount of $205.0 million, which matures on November 21, 2029.
Source · Based on the filing body and exhibits
SOFR margin of 2.25% and 1% principal amortization on new Term Loans
The company said SOFR term loans under the new Term Loans bear interest at Term SOFR plus 2.25%, with a SOFR floor of 0.00%, and that principal amortization of 1% is paid in equal quarterly installments.
Source · Based on the filing body and exhibits
Use of new Term Loan proceeds: repayment of existing Term Loans and fees
The company said UFC Holdings borrowed new Term Loans of $2,750.0 million on November 21, 2024 and used the proceeds to repay the entire amount of the existing Term Loans and to pay fees and expenses related to the Credit Agreement Amendment.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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