Live Nation Entertainment (NYSE:LYV) on Tuesday announced plans to offer $1B in aggregate principal amount of convertible senior notes due 2030. The notes will accrue interest payable semi-annually in arrears and will mature on Jan.

Live Nation Entertainment, Inc. (NYSE: LYV) (the "company") today announced that it priced its previously announced offering of $1.0 billion in aggregate principal amount of its 2.875% convertible senior notes due 2030 (the "Convertible Notes").

Live Nation has a moderate level of debt, but its credit outlook has been under pressure amid an antitrust investigation.

Live Nation Entertainment (LYV) announces the pricing of $1B in convertible senior notes, with plans to use proceeds for various corporate purposes.

Live Nation Entertainment is the world's top live entertainment company known for its concert production and ticketing services.

In connection with the Convertible Notes offering, the company expects to grant the initial purchasers the right to purchase, for settlement within a 13-day period beginning on, and including, the date the Convertible Notes are first issued,