AEG Quiet On O2 Refinance

Anschutz Entertainment Group is declining to comment on a Bloomberg story saying it plans to refinance London’s O2 arena with an equity injection and a new $246 million loan.

The report said the venue was seeking to borrow the money over a seven-year period at 4.5 percent above the London interbank offered rate.

It also said Credit Suisse Group AG is managing the refinance, and potential lenders had been invited to a meeting in London June 16.

The O2 is the world’s busiest arena and has staged shows by hundreds of top international acts.