Live Nation Entertainment (NYSE:LYV) has priced its offering of $1B in aggregate principal amount of its 2.875% convertible senior notes due 2030 at 100.000% of their principal amount. The convertible notes will accrue interest at 2.

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

Live Nation Entertainment has a better P/E ratio of 156.03 than the aggregate P/E ratio of 41.7 of the Entertainment industry. Ideally, one might believe that Live Nation Entertainment Inc. might perform better in the future than it's industry group, but it's probable that the stock is overvalued.

Live Nation (NYSE: LYV) has officially revealed and priced $1 billion worth of convertible senior notes. The Ticketmaster parent just recently disclosed the sizable offering in a pair of announcements,

Live Nation Entertainment (LYV) announces $1B convertible senior notes offering due 2030. Proceeds to repay debt and for general purposes.

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,