-+ 0.00%
-+ 0.00%
-+ 0.00%
Venu Secures $20M Bridge Loan From Ryan, LLC, To Fund Construction Of Its 2,000-Seat Sunset Amphitheater In Texas
Share
Listen to the news

Venu Holding Corporation ("VENU" or the "Company") (NYSE:VENU), an owner, operator, and developer of premium live entertainment destinations, today announced it has secured a bridge loan financing facility with Ryan, LLC ("Ryan"). The facility is intended to fund ongoing construction costs for the Company's premium 20,000-seat entertainment destination, Sunset Amphitheater in McKinney, Texas, targeted to open in the first quarter of 2027.

The $20 million facility bridges VENU to permanent financing, which the Company expects to close in the third quarter of fiscal 2026 and which is expected to fully fund the remaining balance of construction for Sunset Amphitheater in McKinney, Texas.

The arrangement deepens VENU's existing relationship with Ryan, whose Credits and Incentives practice has served as a national expansion partner to the Company since 2023, sourcing development sites and structuring public-private partnerships across VENU's growth markets. Ryan also serves as Official Tax Partner, providing tax advisory support as VENU continues to expand.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending