Madison Square Garden Entertainment Corp. has entered into a second amended and restated credit agreement with JPMorgan Chase Bank, N.A., and other lenders, effectively replacing its existing credit facility with a new $210 million term loan facility. This new facility, which matures in December 2029, carries an interest rate of SOFR plus 5.00% per annum. As part of the agreement, MSG Entertainment made an $80 million cash payment to the lenders, which included a $15 million capital contribution to MSG Networks. The agreement ensures that all obligations are guaranteed by the company's existing and future domestic subsidiaries that are not designated as unrestricted. This strategic financial move aligns with the terms outlined in their Transaction Support Agreement.