Live Nation to repay $75 million term loan B facility

By Taylor Fox

New York, Dec. 17 – Live Nation Entertainment, Inc. plans to repay $75 million of its senior secured term loan B facility using proceeds from its $500 million note offering, according to a news release.

Remaining proceeds will also be used for general corporate purposes, including acquisitions and organic investment opportunities and to pay fees and expenses related to the offering.

Live Nation is a Los Angeles-based concert promoter and music venue manager.

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