Key Details of the $860 Million Private Offering by Liberty Broadband Corporation

Tuesday, 2 July 2024, 17:32
In this post, find out about Liberty Broadband Corporation's recent closure of a private offering totaling $860 million in 3.125% Exchangeable Senior Debentures due in 2054. The company's strategic move to raise capital through this offering is highlighted, providing insights into their financial positioning and potential growth. With this significant transaction, Liberty Broadband aims to strengthen its financial foundation for future endeavors.
Investing.com
Key Details of the $860 Million Private Offering by Liberty Broadband Corporation

Key Points:

Liberty Broadband Corporation has successfully completed a private offering of $860 million in 3.125% Exchangeable Senior Debentures due in 2054.

Highlights:

  • Amount: $860 million private offering
  • Interest Rate: 3.125%
  • Maturity: Due in 2054

This strategic move by Liberty Broadband Corporation emphasizes their commitment to raising capital and strengthening their financial position.

Conclusion: The closure of this private offering signifies an important milestone for Liberty Broadband as they secure funds for future growth initiatives.

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