Madison Square Garden Entertainment Corp., through its indirect wholly-owned subsidiary MSG Las Vegas, LLC, has entered into a new credit agreement with JPMorgan Chase Bank and other lenders. The agreement establishes a $275 million senior secured term loan facility to refinance the existing term loan and a $275 million senior secured revolving credit facility. The proceeds from the facilities are expected to be used for working capital and general corporate purposes, including distributions to Sphere Entertainment Group. All obligations are guaranteed by Sphere Entertainment Group and secured by all assets of MSG Las Vegas, LLC, including its leasehold interest in the Las Vegas Sphere property. Under certain conditions, MSG Las Vegas, LLC must make mandatory loan prepayments, such as from insurance or condemnation recoveries.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Madison Square Garden Entertainment Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-035571), on February 03, 2026, and is solely responsible for the information contained therein.