TKO Worldwide issues $1 billion in 6.5% senior secured notes due 2031
TKO•TKO Worldwide issued $1 billion of 6.5% senior secured notes due November 15, 2031. Net proceeds will fund general corporate purposes and may include distributions to parent entities for share repurchases.
1. Notes and proceeds
TKO Group Holdings subsidiary TKO Worldwide issued $1 billion of 6.5% Senior Secured Notes on November 13, 2026. The notes mature November 15, 2031, with semiannual interest payments beginning May 15, 2027. Proceeds will fund general corporate purposes, potentially including distributions to parent entities for share repurchases.
2. Security and terms
The notes carry a first-priority lien on collateral securing existing senior secured credit facilities and are guaranteed by TKO Guarantor and qualifying subsidiaries. A change of control requires an offer to repurchase outstanding notes at 101% of principal, plus accrued and unpaid interest.
