AI English summary of an SEC filing — figures as filed

TKO Group Holdings said its indirect subsidiary TKO Worldwide Holdings, LLC entered into an amendment to the First Lien Credit Agreement on September 15, 2025, refinancing and replacing the existing first lien secured term loans with new term loans and adding an $1.0 billion Incremental Term Loan.

8-KEntry into a Material Definitive AgreementFiled Sep 15, 2025Period of report Sep 15, 2025Summary published (UTC) Oct 12, 2026

Key points

AI summary

TKO Group Holdings said its indirect subsidiary TKO Worldwide Holdings, LLC entered into an amendment to the First Lien Credit Agreement on September 15, 2025, refinancing and replacing the existing first lien secured term loans with new term loans and adding an $1.0 billion Incremental Term Loan.
The company said the SOFR term loan rate on the new term loans and Incremental Term Loan equals Term SOFR plus 2.00% (with a SOFR floor of 0.00%) and the Incremental Term Loan matures on November 21, 2031. It added that it extended the maturity of the revolving credit facility to September 15, 2030.
TKO Holdings borrowed the full $1.0 billion Incremental Term Loan on the Closing Date, the company said, with proceeds intended for general corporate purposes including share repurchases and for fees, costs and expenses related to the amendment. Of this amount, $800.0 million will be used for an accelerated share repurchase and up to approximately $174.0 million will be used for repurchases under a 10b5-1 trading plan.
The company entered into an $800.0 million accelerated share repurchase agreement with Morgan Stanley & Co. LLC, under which it will pay the dealer on September 16, 2025 and expects to receive an initial delivery of 3,161,430 shares of Class A common stock, with transactions expected to be completed in December 2025. After the $1.0 billion in repurchases are completed, $1.0 billion will remain available under the $2.0 billion share repurchase program.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

First Lien Credit Agreement Amendment and $1.0 billion Incremental Term Loan

TKO Group Holdings said its indirect subsidiary TKO Worldwide Holdings, LLC entered into an amendment to the First Lien Credit Agreement on September 15, 2025, refinancing and replacing the existing first lien secured term loans with new term loans and adding an $1.0 billion Incremental Term Loan.

Source · Based on the filing body and exhibits

Term SOFR Rate and Maturity

The company said the SOFR term loan rate on the new term loans and Incremental Term Loan equals Term SOFR plus 2.00% (with a SOFR floor of 0.00%) and the Incremental Term Loan matures on November 21, 2031. It added that it extended the maturity of the revolving credit facility to September 15, 2030.

Source · Based on the filing body and exhibits

Use of Proceeds from Incremental Term Loan

TKO Holdings borrowed the full $1.0 billion Incremental Term Loan on the Closing Date, the company said, with proceeds intended for general corporate purposes including share repurchases and for fees, costs and expenses related to the amendment. Of this amount, $800.0 million will be used for an accelerated share repurchase and up to approximately $174.0 million will be used for repurchases under a 10b5-1 trading plan.

Source · Based on the filing body and exhibits

$800.0 million Accelerated Share Repurchase Agreement and Remaining Share Repurchase Program

The company entered into an $800.0 million accelerated share repurchase agreement with Morgan Stanley & Co. LLC, under which it will pay the dealer on September 16, 2025 and expects to receive an initial delivery of 3,161,430 shares of Class A common stock, with transactions expected to be completed in December 2025. After the $1.0 billion in repurchases are completed, $1.0 billion will remain available under the $2.0 billion share repurchase program.

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

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