Liberty Live swaps USD 1,116 million of 2.375% exchangeable debentures due 2053

Reuters20:05
Liberty Live swaps USD 1,116 million of 2.375% exchangeable debentures due 2053
  • Liberty Live closed privately negotiated exchanges of its 2.375% exchangeable senior debentures due 2053, issuing USD 1.1 billion of new debentures for the same principal amount of old debentures.
  • After the settlement, about USD 34 million of the old debentures remained outstanding.
  • The new debentures mature on September 30, 2053 and pay 2.375% interest.
  • Upon exchange, holders receive cash based on the value of Live Nation common stock, with 9.53 shares initially attributable per USD 1,000 principal amount.
  • The debentures become redeemable on or after September 30, 2032, and holders can require repurchase on September 30, 2032.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Liberty Live Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-033049), on March 23, 2026, and is solely responsible for the information contained therein.

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