Financing ·
StubHub extends $975M USD and €300M Euro term loan maturities to October 2033
STUBStubHub Holdings, Inc.
StubHub Holdings amended its senior credit agreement to extend the maturity of its USD Term Loan B, increased to approximately $975 million, and its Euro Term Loan B, reduced to approximately €300 million, from March 2030 to October 2033. The company also extended a portion of its Revolving Credit Facility to October 2031. Borrowing costs improved by 25 basis points, with margins set at SOFR plus 450 bps for USD and EURIBOR plus 475 bps for Euros. This transaction follows $1.1 billion in debt repayment over the prior twelve months and a recent credit rating upgrade by Moody’s. StubHub operates as a leading global ticketing marketplace for live events.