Live Nation Prices $1.36 Billion Debt Offering to Refinance Bonds

The offering includes U.S. Dollar-denominated notes maturing in 2032 with a 7.125% interest rate, alongside Euro-denominated notes due the same year at a 6.125% rate. Both tranches are priced at face value. The proceeds are earmarked primarily for the full redemption of the company’s outstanding 6.500% senior secured notes due in 2027, with remaining capital allocated for transaction fees and general corporate operations.

Guarantees for these new obligations will be provided by Live Nation and its domestic restricted subsidiaries. The offering is restricted to qualified institutional buyers, adhering to private placement regulations in the U.S. and relevant international markets. To ensure compliance, the notes are not being offered to retail investors within the European Economic Area or the United Kingdom, where specific disclosure and prospectus requirements apply.