Live Nation Entertainment Plans $1 Billion Debt Offering-August 2024-www.financetom.com

Live Nation Entertainment Plans $1 Billion Debt Offering

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Live Nation Entertainment Plans $1 Billion Debt Offering

Dec 3, 2024 4:34 AM

07:00 AM EST, 12/03/2024 (MT Newswires) -- Live Nation Entertainment ( LYV ) said Tuesday it plans to offer $1 billion in convertible senior notes due 2030.

The company will use the proceeds to repurchase a portion of its 2% convertible senior notes due 2025, repay outstanding amounts under its revolving credit facility, and for general corporate purposes.

Additionally, the company might give initial purchasers 13 days to buy up to $100 million in additional notes.

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