Sportradar (NASDAQ: SRAD) amends €250M revolving credit facility

Rhea-AI Filing Summary

Sportradar Group AG amended and restated its revolving credit facility, increasing total lender commitments from €220.0 million to €250.0 million. The facility, provided to subsidiary Sportradar Capital S.à r.l. and guaranteed by certain group subsidiaries, is secured by specified assets.

Borrowings bear interest at EURIBOR, Term SOFR or SONIA plus a margin that ranges from 1.50% to 2.25% per annum based on the senior secured net leverage ratio, with a 0.35% commitment fee on unused commitments. The agreement includes customary covenants limiting additional debt, liens, mergers, investments, dividends, asset sales, affiliate transactions and prepayments of junior debt, plus a springing financial covenant capping the senior secured net leverage ratio at 6.50:1 and standard events of default remedies.

Key Figures

Revolving credit facility size: €250.0 million Prior facility size: €220.0 million Interest margin range: 1.50%–2.25% per annum +3 more

6 metrics

Revolving credit facility size €250.0 million Total commitments after amendment

Prior facility size €220.0 million Total commitments before amendment

Interest margin range 1.50%–2.25% per annum Over EURIBOR, Term SOFR or SONIA based on leverage

Current applicable margin 1.50% per annum Based on current senior secured net leverage ratio

Commitment fee on unused facility 0.35% per annum On available commitments under the RCF

Leverage covenant threshold 6.50:1 Maximum senior secured net leverage ratio under springing covenant

Key Terms

revolving credit facility, senior secured net leverage ratio, commitment fee, springing financial covenant, +1 more

5 terms

revolving credit facility financial

"amended its existing €220.0 million revolving credit facility by, among other things, increasing total commitments"

A revolving credit facility is a type of loan that a business can borrow from whenever it needs money, up to a set limit. It’s like having a credit card for companies—allowing them to borrow, pay back, and borrow again as needed, providing flexibility for managing cash flow or funding short-term expenses.

senior secured net leverage ratio financial

"Senior Secured Net Leverage Ratio | | RCF Margin (% per annum)"

A senior secured net leverage ratio measures how much a company owes on its highest-priority, collateral-backed debt compared with its core annual cash earnings; it’s calculated by taking net senior secured debt (senior secured borrowings minus cash) divided by annual operating cash profit before interest and taxes. Investors use it to gauge the company’s ability to cover its most protected debts and to compare financial risk across firms — like comparing a household’s mortgage balance to its yearly take-home pay to see how comfortably it can be paid down.

commitment fee financial

"For the unutilized RCF, a commitment fee is payable of 0.35% of the available commitments"

A commitment fee is a charge a lender applies to a borrower for keeping a loan or line of credit available, even before any money is drawn. Think of it as a reservation fee for borrowing power; the borrower pays to ensure funds will be there when needed. Investors care because it adds to a company’s borrowing cost, affects cash flow and liquidity, and can signal lenders’ willingness to extend credit.

springing financial covenant financial

"a springing financial covenant that requires the borrower to ensure that the senior secured net leverage ratio will not exceed 6.50:1"

events of default financial

"affirmative covenants and events of default. If an event of default occurs, the lenders are entitled to take various actions"

Events of default are specific breaches or failures listed in a loan, bond, or credit agreement that give lenders the right to act, such as demanding immediate repayment, raising interest rates, or taking secured assets. They matter to investors because triggering one is like setting off a financial alarm: it raises the chance of foreclosure, restructuring, or bankruptcy and can sharply reduce the value of a company’s stock or bonds and increase borrowing costs.

Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of April 2026
Commission File Number: 001-40799

SPORTRADAR GROUP AG

(Translation of registrant’s name into English)

Feldlistrasse 2

CH-9000 St. Gallen

Switzerland

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F  x            Form 40-F  ¨

EXPLANATORY NOTE

Amended and Restated Revolving Credit Facility

On April 30, 2026, Sportradar Group AG (the “Company”) amended its existing €220.0 million revolving credit facility by, among other things, increasing total commitments to €250.0 million (the “RCF”), through an amendment and restatement of its existing credit agreement (as amended and restated, the “Credit Agreement”). There were and continue to be no commitments outstanding under the RCF. The Company’s wholly-owned subsidiary, Sportradar Capital S.à r.l., is the borrower under the Credit Agreement and the obligations are guaranteed by certain other subsidiaries of the Company and secured by certain assets of the borrower and certain of the Company’s subsidiaries.

Borrowings under the RCF bear interest at a maximum annual rate of EURIBOR (or, as the case may be, Term SOFR or SONIA) plus 2.25% per annum and are subject to a margin ratchet as set out below:

Senior Secured Net Leverage Ratio		RCF Margin (% per annum)
Greater than 3.00:1.00			2.25
Greater than 2.00:1.00 but equal to or less than 3.00:1.00			2.00
Greater than 1.00:1.00 but equal to or less than 2.00:1.00			1.75
Equal to or less than 1.00:1.00			1.50

For the unutilized RCF, a commitment fee is payable of 0.35% of the available commitments under the RCF. The applicable margin for the RCF is currently 1.50% per annum and is determined based on the senior secured net leverage ratio of the Company.

The Credit Agreement contains customary covenants that, among other things, restrict the borrower’s and its subsidiaries’ ability to (i) incur indebtedness, (ii) create liens, (iii) engage in mergers or consolidations, (iv) make investments, loans and advances, (v) pay dividends and distributions and repurchase capital stock, (vi) sell assets and subsidiary stock, (vii) engage in certain transactions with affiliates, and (viii) make prepayments on junior indebtedness.

Certain of the above covenants may be suspended upon the satisfaction of customary release conditions.

The Credit Agreement also contains, solely for the benefit of the RCF lenders, a springing financial covenant that requires the borrower to ensure that the senior secured net leverage ratio will not exceed 6.50:1. Additionally, the Credit Agreement contains certain customary representations and warranties, affirmative covenants and events of default. If an event of default occurs, the lenders are entitled to take various actions, including the acceleration of amounts due and the exercise of the available remedies under the Credit Agreement.

This Report on Form 6-K is hereby incorporated by reference into the Company’s Registration Statements on Form S-8 (File No. 333-259885) and Form F-3 (File No. 333-286679), including any prospectuses forming a part of such Registration Statements, and to be a part thereof from the date on which this report is filed, to the extent not superseded by documents or reports subsequently filed or furnished.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: April 30, 2026

	SPORTRADAR GROUP AG
	By:	/s/ Michael C. Miller
	Name:	Michael C. Miller
	Title:	Chief Legal Officer

FAQ

What change did Sportradar Group AG (SRAD) make to its credit facility?

Sportradar increased its revolving credit facility commitments to €250.0 million from €220.0 million. The amended and restated agreement maintains a secured structure with guarantees from certain subsidiaries and provides additional committed liquidity.

What interest rate applies to Sportradar (SRAD)'s amended revolving credit facility?

Borrowings under the facility bear interest at EURIBOR, Term SOFR or SONIA plus a margin of 1.50% to 2.25% per year. The exact margin depends on Sportradar’s senior secured net leverage ratio as defined in the credit agreement.

What is the current margin on Sportradar (SRAD)'s revolving credit facility?

The current applicable margin on the revolving credit facility is 1.50% per annum. This reflects the company’s present senior secured net leverage ratio tier under the margin ratchet set out in the amended credit agreement.

What commitment fee does Sportradar (SRAD) pay on unused revolving credit?

For the unutilized portion of the revolving credit facility, Sportradar pays a 0.35% annual commitment fee on available commitments. This fee compensates lenders for keeping the €250.0 million facility available even when it is undrawn.

What leverage covenant applies to Sportradar (SRAD)'s revolving credit facility?

The credit agreement includes a springing financial covenant requiring the borrower to keep its senior secured net leverage ratio at or below 6.50:1. This covenant applies for the benefit of the revolving credit facility lenders under specified conditions.

What restrictions are included in Sportradar (SRAD)'s amended credit agreement?

The agreement contains customary covenants limiting additional indebtedness, liens, mergers, investments, dividends, asset sales, affiliate transactions and prepayments of junior debt. Some of these restrictions may be suspended once defined release conditions are satisfied.