Formula One Group’s MotoGP reprices debt, cuts Term Loan B margin to 2.25%
PUBT · 06/17 21:00
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- Formula One Group disclosed a repricing of MotoGP’s first-lien Term Loan B, Term Loan A, revolving credit facility, closing June 17, 2026.
- Debt reduced by about $114 million equivalent, funded with cash from MotoGP’s balance sheet.
- New facilities include a €720 million Term Loan B due Aug. 18, 2032, a $209 million Term Loan A due Aug. 18, 2030, a €100 million revolver due Aug. 18, 2030.
- Term Loan B margin cut to 2.25% from 2.5%; leverage-based pricing ranges tightened across the facilities.
- Pro forma March 31, 2026: about $72 million cash, $1.04 billion debt, net senior secured leverage ratio 4.6x.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Formula One Group published the original content used to generate this news brief via Business Wire (Ref. ID: 202606171700BIZWIRE_USPR_____20260617_BW724851) on June 17, 2026, and is solely responsible for the information contained therein.
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