UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Item 1.01. | Entry into a Material Definitive Agreement. |
On April 6, 2021, Lions Gate Capital Holdings LLC (the “Company”), entered into Amendment No. 4 (the “Amendment”) to that certain Credit and Guarantee Agreement dated as of December 8, 2016, among the Company, each guarantor party thereto, each lender party thereto (collectively, the “Lenders”), JPMorgan Chase Bank, N.A., as administrative agent, and the other parties thereto (the “Existing Credit Agreement”).
In connection with the Amendment, certain Lenders under the revolving credit and term A loan facilities outstanding under the Existing Credit Agreement agreed to extend the maturity date of their commitments and loans under such facilities to April 6, 2026 (the “Extension”) and to make certain other amendments to the terms of the Existing Credit Agreement. After giving effect to the Extension, an aggregate principal amount of $1,250.0 million in revolving credit commitments and an aggregate principal amount of approximately $444.9 million in term A loans were outstanding with a maturity date of April 6, 2026.
The foregoing description of the Amendment is not intended to be complete and is qualified in its entirety by reference to the Amendment, a copy of which is attached hereto as Exhibit 10.1, and incorporated herein by reference.
Item 2.03. | Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant. |
The information set forth under Item 1.01 above is incorporated by reference into this Item 2.03.
Item 9.01. | Financial Statements and Exhibits. |
(d) | Exhibits. |
Exhibit No. |
Description | |
10.1 | Amendment No. 4, dated as of April 6, 2021, to the Credit and Guarantee Agreement dated as of December 8, 2016, among Lions Gate Entertainment Corp., as borrower, each guarantor party thereto, each lender party thereto, JPMorgan Chase Bank, N.A., as administrative agent, and the other parties thereto.* | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
* | Certain schedules and exhibits have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The Company agrees to furnish supplementally a copy of any omitted schedule or exhibit to the SEC upon its request. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: April 6, 2021 | LIONS GATE ENTERTAINMENT CORP. | |||||
/s/ James W. Barge |
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James W. Barge | ||||||
Chief Financial Officer |