Liberty Media Closes Repricing of MotoGP Debt Facilities

MT Newswires Live
06/18

Liberty Media (FWONA, FWONK) said late Wednesday that its subsidiary, MotoGP Sports Entertainment Group, closed the repricing of its first lien term loan B, term loan A, and revolving credit facility.

MotoGP repriced the previous 800 million euro ($920.2 million) term loan B due Aug. 18, 2032 with a new 720 million euro term loan B due Aug. 18, 2032; the previous $231 million term loan A due Aug. 18, 2030 with a new $209 million term loan A due Aug. 18, 2030; and the previous 100 million euro multi-currency revolving credit facility due Aug. 18, 2030 with a new 100 million euro multi-currency revolving credit facility due Aug. 18, 2030, the company said.

The net reduction of about $114 million under the debt facilities was funded with cash from MotoGP's balance sheet, the company added.

The term loan B, the term loan A, and the revolving credit facility remain non-recourse to Liberty.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10