8-KAccepted Oct 14, 4:30 PM ET
StubHub Holdings: amends credit agreement and extends senior credit facilities
Accepted (ET)
4:30 PM
Oct 14, 2026
Filed
Oct 14, 2026
Documents
14
Size
2.0 MB
Summary
StubHub Holdings: amends credit agreement and extends senior credit facilities
What happened The filing says that on Oct 14, 2026, StubHub Holdings, Inc. and its subsidiary StubHub Holdco Sub, LLC entered into Amendment No. 7 to the Credit Agreement with JPMorgan Chase Bank, N.A., J.P. Morgan SE and other lenders. The Amendment increases the USD Term Loan B, reduces the Euro Term Loan B, extends maturities and provides a $565,000,000 revolving credit facility. The filing also says the company issued a press release on Oct 14, 2026 announcing the extension of its senior credit facilities.
Key details
- USD Term Loan B increased from approximately $804,000,000 to approximately $975,000,000; Euro Term Loan B reduced from approximately €452,000,000 to approximately €300,000,000.
- Maturity dates for the USD Term Loan B and Euro Term Loan B extended from Mar 15, 2030 to Oct 14, 2033.
- Revolving Credit Facility of $565,000,000, of which $140,000,000 is scheduled to mature on Sep 30, 2030 and $425,000,000 is scheduled to mature on Oct 14, 2031; includes a $120,000,000 letter of credit sublimit and a $60,000,000 swingline loan sublimit.
- Borrowings bear interest at SOFR plus a margin for U.S. dollar loans and at EURIBOR plus a margin for euro loans. Margins: USD Term Loan B 4.50%, Euro Term Loan B 4.75%, Revolving Credit Facility 3.50% with step-downs to 3.25% and 3.00% at Consolidated First Lien Secured Leverage Ratios of 2.00x and 1.50x, respectively.
- The Amended Credit Agreement contains customary representations, warranties, covenants and events of default, including lender remedies such as acceleration if defaults occur.
Why it may matter
- Item 1.01: the filing reports entry into a material definitive agreement (Amendment No. 7 to the Credit Agreement).
- Item 2.03: the filing reports the creation or modification of direct financial obligations (changes to Term Loan B balances and the revolving facility).
- Item 7.01: the filing includes Regulation FD disclosure in the form of a press release dated Oct 14, 2026 announcing the extension of senior credit facilities.
The filing does not explain why the company entered into the Amendment.