Liberty Broadband (LBRDA) just unveiled an update.
Liberty Broadband Corporation has announced it is offering $500 million in exchangeable senior debentures due in 2054, with an option for initial purchasers to buy an additional $75 million. The proceeds will be used to repay debt and for general corporate purposes. Additionally, Liberty Broadband plans to amend its margin loan agreement to extend its maturity date to 2027, although this is not a condition for the debenture offering. The company has made this information public in compliance with regulatory requirements.
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