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Stock impact report

Liberty Media Corporation Proposes Private Offering of Exchangeable Senior Debentures

Liberty Media Corporation - Series A Liberty SiriusXM (LSXMA) 
Last liberty media corporation - series a liberty siriusxm earnings: 11/8 08:15 am Check Earnings Report
US:NASDAQ Investor Relations: ir.libertymedia.com/stockquote.cfm
Company Research Source: Business Wire
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation (“Liberty”) (Nasdaq: LSXMA, LSXMB, LSXMK, BATRA, BATRK, FWONA, FWONK) announced today that it intends to offer $400 million aggregate original principal amount of exchangeable senior debentures due 2049 (the “Debentures”) exchangeable for Sirius XM Holdings Inc. (“Sirius XM Holdings”) common stock in a private offering (or up to $460 million aggregate original principal amount of Debentures if the initial purchasers for the offering exercise their option to purchase additional Debentures in full). The Debentures will be exchangeable at the option of holders during specified periods. Upon an exchange of Debentures, Liberty, at its option, may deliver Sirius XM Holdings common stock, the value thereof in cash or shares of Liberty’s Series C Liberty SiriusXM Common Stock (“LSXMK”) or any combination of shares of Sirius XM Holdings common stock, cash and/or shares of LSXMK. Liberty expects to use the net proceeds of the offe Show less Read more
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