Madison Square Garden unit increases revolver to $150 million

By Wendy Van Sickle

Columbus, Ohio, Sept. 21 – Madison Square Garden Entertainment Corp. direct, wholly owned subsidiary MSG National Properties, LLC amended its credit agreement dated June 30, 2022 with JP Morgan Chase Bank, NA as administrative agent on Sept. 15 to increase revolving commitments by $50 million to $150 million, according to an 8-K filing with the Securities and Exchange Commission.

New York-based Madison Square Garden builds sports, media and entertainment brands.

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