The company said the Endeavor Borrower, a controlled subsidiary of Endeavor, is party to a September 13, 2024 Margin Loan Agreement, which was amended on December 16, 2024, increasing the facility size to $2.25 billion, of which $500.0 million will be drawn in connection with the amendment.

1. 01

   The company said the Endeavor Borrower, a controlled subsidiary of Endeavor, is party to a September 13, 2024 Margin Loan Agreement, which was amended on December 16, 2024, increasing the facility size to $2.25 billion, of which $500.0 million will be drawn in connection with the amendment.

2. 02

   The company said the Endeavor Borrower granted first-priority liens to the lenders on 83,074,858 common units of TKO Operating Company, LLC and a corresponding number of TKO Group Holdings, Inc. Class B common stock shares.

3. 03

   The company said the pledged securities represent approximately 48.6% of TKO Group Holdings' outstanding equity interests.

4. 04

   The company stated that the amended Endeavor Margin Loan Agreement is a loan facility of Endeavor, secured by part of Endeavor's TKO equity interests, and does not constitute indebtedness of TKO Group Holdings.

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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

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