Live Nation prices $730 million and 600 million euro senior notes

Live Nation Entertainment, Inc. has priced a private placement of $730,000,000 in 7.125% senior notes due 2032 and 600,000,000 euros in 6.125% senior notes due 2032. The U.S. Dollar Notes and Euro Notes will both be issued at 100.000% of their face value. The company stated that the offering is expected to close on October 15, 2026, subject to customary closing conditions.

The company intends to use the net proceeds from the offering to redeem in full all outstanding 6.500% senior secured notes due 2027. It also plans to cover transaction costs and apply remaining funds to general corporate needs, potentially including settling or buying back specific debts. Obligations under the new notes will be guaranteed by Live Nation Entertainment and its existing and future domestic restricted subsidiaries that guarantee the company’s senior secured credit facilities.

The notes are being offered through a private placement and are not registered under the Securities Act of 1933, as amended, or any state securities laws. Consequently, the securities may not be offered or sold in the United States or to "U.S. persons" except pursuant to an applicable exemption or in a transaction not subject to registration requirements. The offering is restricted to "qualified institutional buyers" under Rule 144A of the Securities Act within the United States and to persons other than "U.S. persons" outside the United States in compliance with Regulation S.

The press release includes standard forward-looking statement disclosures, noting that actual results could differ materially from expectations due to risks related to the consummation of the offering, market conditions, and management's discretion in using proceeds. Investors are referred to the company’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2025, and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2026, and June 30, 2026, for detailed risk factors.

Specific regulatory notices were issued for investors in the European Economic Area (EEA) and the United Kingdom. The notes are not intended for retail investors in the EEA, and no key information document required by the PRIIPs Regulation has been prepared for such investors. Similarly, the release is directed only to "relevant persons" in the UK, defined by specific criteria under the Financial Services and Markets Act 2000, and is not available to retail investors in that jurisdiction.