WMG Unit Signs $350 Million Revolver and $1.295 Billion Term Loan A Due 2031
Warner Music Group subsidiary WMG Acquisition Corp. entered into an amended and restated credit agreement on March 11, 2026, with JPMorgan Chase Bank, N.A. as administrative agent. The agreement provides a $350 million revolving credit facility and a $1.295 billion term loan A, both maturing March 11, 2031, and replaces the company's earlier 2012 credit agreement. The filing does not report results or guidance, so it reflects a refinancing of existing borrowing capacity rather than a change in operating performance.
Key points
- Revolving credit facility of $350 million and term loan A facility of $1.295 billion
- Both facilities mature on March 11, 2031
- Initial term loan margin expected at 1.375% for SOFR loans; initial revolver margin expected at 1.250% for SOFR loans
- Agreement amends and restates the 2012 credit agreement and incorporates the revolving facility from the January 31, 2018 agreement
The filing
Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 11, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.