StubHub Holdings (NYSE: STUB) extended the maturity of its USD and euro Term Loan Bs by 3.5 years, from March 2030 to October 2033, and extended part of its revolving credit facility to October 2031. The USD term loan rose by $171 million to $975 million while the euro term loan fell by €152 million to €300 million, leaving the total unchanged and strengthening its FX risk profile. Borrowing costs fell 25 basis points, with the USD loan at SOFR plus 450 basis points and the euro loan at EURIBOR plus 475 basis points. The move follows $1.1 billion of debt repaid over the past twelve months since its September 2025 IPO, and Moody's upgraded its corporate family rating to B2 from B3 in September.
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