LIVE NATION ENTERTAINMENT ANNOUNCES PRICING OF CONVERTIBLE SENIOR NOTES OFFERING

LOS ANGELES, Oct. 8, 2025 /PRNewswire/ -- Live Nation Entertainment, Inc. (NYSE: LYV) (the "company") today announced that it priced its previously announced offering of $1.3 billion in aggregate principal amount of its 2.875% convertible senior notes due 2031 (the "Convertible Notes").  The Convertible Notes were priced at 100.000% of their principal amount. The company intends to use the net proceeds from the Convertible Notes offering, together with borrowings under the new senior secured credit facility, (i) to fund the redemption (the "planned redemption") in full of all of the company's 5.625% Senior Notes due 2026 (the "2026 notes"), (ii) to repay in full amounts outstanding under the company's term loan B facility and the revolving credit facilities under the company's existing senior secured credit facility, (iii) to pay related fees and expenses in connection with the uses described in clauses (i) and (ii), and (iv) for general corporate purposes, which may include funding future venues or the repayment or repurchase of certain of its outstanding indebtedness.

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