Lionsgate Studios Corp. Amends Credit Facility
Ticker: LION · Form: 8-K · Filed: Oct 1, 2025 · CIK: 2052959
Sentiment: neutral
Topics: credit-facility, financing, debt
TL;DR
Lionsgate just amended its credit facility, potentially changing its debt obligations.
AI Summary
Lionsgate Studios Corp. entered into a material definitive agreement on September 26, 2025, related to amendments to its credit facility. This action also created a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant. The filing was made on October 1, 2025.
Why It Matters
This filing indicates a change in Lionsgate's financing structure, which could impact its operational flexibility and financial obligations.
Risk Assessment
Risk Level: medium — Amendments to credit facilities can signal changes in a company's financial health or strategic borrowing plans, warranting closer attention.
Key Players & Entities
- Lionsgate Studios Corp. (company) — Registrant
- September 26, 2025 (date) — Date of earliest event reported
- October 1, 2025 (date) — Date of report
- 001-42635 (company) — Commission File Number
FAQ
What specific amendments were made to the credit facility?
The filing indicates amendments to the credit facility but does not detail the specific changes within this summary.
What is the nature of the direct financial obligation created?
The filing states that the amendments created a direct financial obligation or an obligation under an off-balance sheet arrangement, but the specifics are not provided here.
When was the previous name 'Lionsgate Studios Holding Corp.' changed?
The date of the name change from Lionsgate Studios Holding Corp. to Lionsgate Studios Corp. was January 22, 2025.
What is the principal executive office address?
The principal executive offices are located at 250 Howe Street, 20th Floor, Vancouver, British Columbia, Canada.
What is the Standard Industrial Classification (SIC) code for Lionsgate Studios Corp.?
The SIC code is 7812, which corresponds to SERVICES-MOTION PICTURE & VIDEO TAPE PRODUCTION.
Filing Stats: 1,188 words · 5 min read · ~4 pages · Grade level 10.3 · Accepted 2025-10-01 16:05:36
Key Financial Figures
- $455.0 m — amount of the LG IP Credit Facility was $455.0 million, subject to the amount of Collate
- $720.0 million — amount of the LG IP Credit Facility to $720.0 million. On December 9, 2024, the parties to
- $850.0 million — amount of the LG IP Credit Facility to $850.0 million. On March 31, 2025, the parties to th
- $1.0 billion — amount of the LG IP Credit Facility to $1.0 billion. On June 27, 2025, the parties to the
- $1.25 billion — amount of the LG IP Credit Facility to $1.25 billion. The foregoing descriptions of the Ag
Filing Documents
- lion-20250926.htm (8-K) — 34KB
- ex101lionsgatestudioscorpa.htm (EX-10.1) — 65KB
- ex102lionsgatestudioscorpa.htm (EX-10.2) — 70KB
- 0002052959-25-000028.txt ( ) — 332KB
- lion-20250926.xsd (EX-101.SCH) — 2KB
- lion-20250926_def.xml (EX-101.DEF) — 14KB
- lion-20250926_lab.xml (EX-101.LAB) — 26KB
- lion-20250926_pre.xml (EX-101.PRE) — 15KB
- lion-20250926_htm.xml (XML) — 4KB
01. Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement. On September 30, 2024, certain subsidiaries (the "Borrower Subsidiaries") of Lionsgate Studios Corp. (the "Company") entered into a senior secured amortizing term credit facility (the "LG IP Credit Facility") secured by a security interest in collateral that included intellectual property rights primarily associated with certain library titles (the "Collateral"), pursuant to that certain Credit, Security and Pledge Agreement (the "Agreement") by and among the Borrower Subsidiaries, the direct parent of such Borrower Subsidiaries, certain lenders party thereto, Fifth Third Bank, a National Association, as administrative agent and joint lead arranger, East West Bank, as reserve deposit agent, Zions Bankcorporation, N.A. (d/b/a California Bank & Trust) and First-Citizens Bank & Trust Company as co-documentation agents, and Western Alliance Bank as joint lead arranger. At September 30, 2024, the maximum principal amount of the LG IP Credit Facility was $455.0 million, subject to the amount of Collateral available, which is based on the valuation of unsold rights from library titles. The LG IP Credit Facility is subject to quarterly required principal payments of 2.5% of the applicable aggregate outstanding principal amount, beginning February 14, 2025, with the balance payable at maturity. Advances under the LG IP Credit Facility bear interest at a rate equal to Term SOFR plus 2.25% per annum. The LG IP Credit Facility matures on September 30, 2029. On November 5, 2024, the Agreement was amended and restated (the "Amended Agreement") to include an additional Borrower Subsidiary and to increase the maximum principal amount of the LG IP Credit Facility to $720.0 million. On December 9, 2024, the parties to the Amended Agreement entered into Amendment No. 1 ("Amendment 1") which increased the maximum principal amount of the LG IP Credit Facility to $850.0 million. On March 31, 2025, the parties to the Amended A
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Amendment No. 3 to the Amended and Restated Credit, Security and Pledge Agreement dated as of June 27, 2025 with the borrowers, lenders and parents referred to therein, Fifth Third Bank, a National Association, as administrative agent and joint lead arranger, East West Bank, as reserve deposit agent, City National Bank, Axos Bank, Flagstar Bank, N.A., Zions Bankcorporation, N.A. (d/b/a California Bank & Trust) and First-Citizens Bank & Trust Company as co-documentation agents, Western Alliance Bank, Truist Bank, TCBI Securities, Inc., and Wells Fargo Bank, N.A., as joint lead arrangers, and Bank of Hope, Sunflower Bank and Preferred Bank, as co-managers. 10.2 Amendment No. 4 to the Amended and Restated Credit, Security and Pledge Agreement dated as of September 26, 2025 with the borrowers, lenders and parents referred to therein, Fifth Third Bank, a National Association, as administrative agent and co-lead arranger, East West Bank, as reserve deposit agent, Fifth Third Bank, N.A., Western Alliance Bank, Wells Fargo Bank, N.A., Flagstar Bank, N.A., Texas Capital Bank and Truist Securities, Inc., as joint lead arrangers, City National Bank, Zions Bankcorporation, N.A. (d/b/a California Bank & Trust), Huntington Bank, First Horizon Bank, Axos Bank, Bank of Hope and First-Citizens Bank & Trust Company as co-documentation agents, and Sunflower Bank, N.A., Bank of America, N.A., Regions Bank and Preferred Bank, as co-managers. 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL (included as Exhibit 101). Schedules and exhibits have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The registrant hereby undertakes to furnish copies of any of the omitted schedules upon request by the Securities and Exchange Commission. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly