TKO Announces Pricing of Senior Secured Notes Offering
Key Highlights
- ➤TKO prices $1.0 billion million of 6.500% senior secured notes due 2031
- ➤Offering proceeds may fund share repurchases and general corporate purposes
- ➤Notes closing expected on or about November 13, 2026
- ➤Notes secured by first priority liens on existing credit-facility collateral
TKO Group Holdings, Inc. (NYSE: TKO) (“TKO” or the “Company”), a premium sports and entertainment company, today announced the pricing of the previously announced offering (the “Offering”) of $1.0 billion million in aggregate principal amount of 6.500% Senior Secured Notes due 2031 (the “notes”) by its indirect subsidiary, TKO Worldwide Holdings, LLC (“TKO Worldwide”). The closing of the Offering is expected to occur on or about November 13, 2026, subject to customary closing conditions.
TKO Worldwide expects to use the net proceeds from the Offering for general corporate purposes, which may include making distributions to its parent entities to fund share repurchases under TKO’s previously announced share repurchase program, and to pay related fees and expenses.
Get started
Create a free account to read the full story.
