Sphere Entertainment Co., through its wholly-owned subsidiary MSG National Properties, LLC, has entered into Amendment No. 4 to its existing Credit Agreement dated June 30, 2022. This amendment, in partnership with MSG Entertainment Holdings, LLC and other subsidiaries, involves a revised credit arrangement with JPMorgan Chase Bank, N.A. as the administrative agent. The amendment introduces various restrictions and obligations, including limitations on incurring additional debt, creating liens, making investments, and distributing cash. Furthermore, it mandates certain prepayments on outstanding loans under specific conditions, such as asset sales or insurance recoveries. The Amended Credit Agreement, which includes comprehensive covenants and default events, aims to refine the company's financial structuring.