Liberty Media Announces Election of Permitted Transfer of its 2.75% Exchangeable Senior Debentures Due 2049
2024年8月23日 - 10:30PM
ビジネスワイヤ(英語)
Liberty Media Corporation (Nasdaq: LSXMA, LSXMB, LSXMK, FWONA,
FWONK, LLYVA, LLYVK) (“Liberty”) today announced its election to
make a Permitted Transfer under Section 9.01(b) of the Indenture,
dated November 26, 2019 (the “Indenture”), between Liberty and U.S.
Bank Trust Company, National Association, as successor to U.S. Bank
National Association, as trustee (the “Trustee”), relating to
Liberty’s 2.75% Exchangeable Senior Debentures due 2049 (the
"Debentures"). The Permitted Transfer is expected to be effective
on September 9, 2024 concurrently with the execution and delivery
of a supplemental indenture (the “Supplemental Indenture”) among
Liberty, the Trustee and Liberty Sirius XM Holdings Inc. (the
“Successor Entity”). The Supplemental Indenture will provide for,
among other things, the assumption by the Successor Entity of all
of the obligations of Liberty under the Indenture and the
Debentures. For purposes of Section 12.02 of the Indenture, the
Permitted Transfer will be treated as a Fundamental Change.
About Liberty Media Corporation
Liberty Media Corporation operates and owns interests in a broad
range of media, communications, sports and entertainment
businesses. Those businesses are attributed to three tracking stock
groups: the Liberty SiriusXM Group, the Formula One Group and the
Liberty Live Group. The businesses and assets attributed to the
Liberty SiriusXM Group (NASDAQ: LSXMA, LSXMB, LSXMK) include
Liberty Media’s interest in Sirius XM. The businesses and assets
attributed to the Formula One Group (NASDAQ: FWONA, FWONK) include
Liberty Media’s subsidiaries Formula 1 and Quint, and other
minority investments. The businesses and assets attributed to the
Liberty Live Group (NASDAQ: LLYVA, LLYVK) include Liberty Media’s
interest in Live Nation and other minority investments.
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version on businesswire.com: https://www.businesswire.com/news/home/20240821592388/en/
Shane Kleinstein, 720-875-5432
Liberty Media (NASDAQ:LSXMA)
過去 株価チャート
から 11 2024 まで 12 2024
Liberty Media (NASDAQ:LSXMA)
過去 株価チャート
から 12 2023 まで 12 2024