On January 4, 2021, Live Nation Entertainment, Inc. closed its previously announced offering of $500.0 million in aggregate principal amount of 3.750% senior secured notes due 2028 and in connection therewith, the Company, certain of the Company’s subsidiaries, as guarantors, and U.S. Bank National Association, as trustee and collateral agent, entered into an indenture governing the Notes on the same date. After the payment of fees and expenses in connection with the Notes offering, the Company intends to use the remaining proceeds from the Notes offering to repay $75.0 million aggregate principal amount of the Company’s senior secured term loan B facility and for general corporate purposes, including acquisitions and organic investment opportunities.

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