Lombardi Media Corporation

Liberty Media Corporation Closes Private Offering of $1.15 Billion of 2.375% Exchangeable Senior Debentures Due 2053

Retrieved on:

Thursday, September 14, 2023

A total of approximately 10.96 million shares of Live Nation common stock are initially attributable to the Debentures.

Key Points:

A total of approximately 10.96 million shares of Live Nation common stock are initially attributable to the Debentures.
The Debentures may be redeemed by Liberty, in whole or in part, on or after September 30, 2028.
Holders of the Debentures also have the right to require Liberty to purchase their Debentures on September 30, 2028.
The 0.5% Exchangeable Senior Debentures due 2050 may be redeemed by Liberty, in whole or in part, on or after September 1, 2024 and holders of such debentures also have the right to require Liberty to purchase such debentures on September 1, 2024.

Liberty Media Corporation Prices Private Offering of $1.0 Billion of 2.375% Exchangeable Senior Debentures Due 2053

Retrieved on:

Thursday, September 7, 2023

Entertainment, Sports, Other Entertainment, General Entertainment, Music, Events, Concerts, Motor Sports, Exercise, Nation, SEC Rule 144A, Live Nation Entertainment, Sale, Liberty Media, Lombardi Media Corporation, Security (finance), Debenture

Liberty Media Corporation (“Liberty”) (NASDAQ: LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) announced today that it has priced and agreed to sell to initial purchasers in a private offering $1.0 billion aggregate original principal amount of its 2.375% exchangeable senior debentures due 2053 (the “Debentures”).

Key Points:

Liberty Media Corporation (“Liberty”) (NASDAQ: LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) announced today that it has priced and agreed to sell to initial purchasers in a private offering $1.0 billion aggregate original principal amount of its 2.375% exchangeable senior debentures due 2053 (the “Debentures”).
Liberty has also granted to the initial purchasers an option to purchase up to an additional $150 million aggregate original principal amount of Debentures.
Holders of the Debentures also have the right to require Liberty to purchase their Debentures on September 30, 2028.
As of June 30, 2023, there was $920 million aggregate adjusted principal amount of 0.5% Exchangeable Debentures due 2050 outstanding.

Liberty Media Corporation Proposes Private Offering of Exchangeable Senior Debentures

Retrieved on:

Tuesday, September 5, 2023

Entertainment, Communications, Sports, TV and Radio, Events, Concerts, Motor Sports, Media, SEC Rule 144A, Live Nation Entertainment, Sale, Liberty Media, Hand, Lombardi Media Corporation, Security (finance), Debenture

Liberty Media Corporation (“Liberty”) (NASDAQ: LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) announced today that it intends to offer $900 million aggregate original principal amount of exchangeable senior debentures (the “Debentures”) in a private offering.

Key Points:

Liberty Media Corporation (“Liberty”) (NASDAQ: LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) announced today that it intends to offer $900 million aggregate original principal amount of exchangeable senior debentures (the “Debentures”) in a private offering.
Liberty also expects to grant the initial purchasers of the Debentures an option to purchase up to an additional $135 million aggregate original principal amount of Debentures.
The Debentures will be senior, unsecured obligations of Liberty, and interest will be payable quarterly, in arrears.
The 0.5% Exchangeable Senior Debentures due 2050 may be redeemed by Liberty, in whole or in part, on or after September 1, 2024 and holders of such debentures also have the right to require Liberty to purchase such debentures on September 1, 2024.

Liberty Media Announces Adjustment to the Media Component of the Securities Basket for its 1.375% Cash Convertible Senior Notes Due 2023

Retrieved on:

Thursday, July 20, 2023

Liberty Media Corporation (Nasdaq: LSXMA, LSXMB, LSXMK, FWONA, FWONK) (“Liberty”) today announced an adjustment to the Media Component (as defined in the Supplemental Indenture, dated as of April 15, 2016 (the “Supplemental Indenture”), between Liberty and U.S. Bank Trust Company, National Association (as successor to U.S. Bank National Association), as trustee) of the Securities Basket underlying its 1.375% Cash Convertible Senior Notes due 2023 (the “Cash Convertible Notes”).

Key Points:

Liberty Media Corporation (Nasdaq: LSXMA, LSXMB, LSXMK, FWONA, FWONK) (“Liberty”) today announced an adjustment to the Media Component (as defined in the Supplemental Indenture, dated as of April 15, 2016 (the “Supplemental Indenture”), between Liberty and U.S. Bank Trust Company, National Association (as successor to U.S. Bank National Association), as trustee) of the Securities Basket underlying its 1.375% Cash Convertible Senior Notes due 2023 (the “Cash Convertible Notes”).
The Media Component is now 0.2547 of a share of Series A Liberty Formula One Common Stock.
The adjustment to the Media Component was made pursuant to Section 12.04(c) of the Supplemental Indenture for the Cash Convertible Notes.
In accordance with Section 12.04(c) of the Supplemental Indenture for the Cash Convertible Notes, the Media Component adjustment became effective immediately prior to the open of business on July 20, 2023.

Liberty Media Corporation Announces Virtual Special Meeting of Stockholders and Expected Timing Related to Split-Off of Atlanta Braves and Creation of Liberty Live Group Tracking Stock

Retrieved on:

Monday, June 12, 2023

Liberty Media Corporation (“Liberty Media”) (Nasdaq: LSXMA, LSXMB, LSXMK, FWONA, FWONK, BATRA, BATRK) will hold a virtual special meeting of stockholders on Monday, July 17, 2023 at 10:30 a.m. M.T.

Key Points:

Liberty Media Corporation (“Liberty Media”) (Nasdaq: LSXMA, LSXMB, LSXMK, FWONA, FWONK, BATRA, BATRK) will hold a virtual special meeting of stockholders on Monday, July 17, 2023 at 10:30 a.m. M.T.
Holders of Liberty Media’s Liberty Braves common stock at the time of the Split-Off will be eligible to receive shares of Atlanta Braves Holdings in the Split-Off.
Holders of Liberty Media’s Liberty SiriusXM common stock and Liberty Formula One common stock at the time of the Reclassification will be eligible to receive shares of the new tracking stock groups.
A technical support number will become available at the virtual meeting link 10 minutes prior to the scheduled meeting time.

Disruptive Ad Tech Company Thumzup® Launches Reg A+ Offering To Democratize Social Media Advertising

Retrieved on:

Tuesday, March 7, 2023

Los Angeles, CA, March 07, 2023 (GLOBE NEWSWIRE) -- Thumzup Media Corporation ("Thumzup" or the "Company") (OTCQB: TZUP) is excited to announce the opportunity for the general public to invest in the Company through a Regulation A+ (“Reg A+”) offering. This Reg A+ offering has been qualified by the SEC and the Company is now accepting investments at $4.50 per share up to a total offering of $9 million. The shares in connection with the Reg A+ offering are deemed to be freely tradable and registered under an SEC qualified Registration Statement. Thumzup’s goal is to democratize the $208 billion dollar advertising industry[1], inspired by how Uber® and Airbnb® disrupted the transportation and hotel industries, respectively. This Reg A+ offering circular can be reviewed here.

Key Points:

This Reg A+ offering has been qualified by the SEC and the Company is now accepting investments at $4.50 per share up to a total offering of $9 million.
The shares in connection with the Reg A+ offering are deemed to be freely tradable and registered under an SEC qualified Registration Statement.
Thumzup’s goal is to democratize the $208 billion dollar advertising industry[1], inspired by how Uber® and Airbnb® disrupted the transportation and hotel industries, respectively.
The Company believes that its platform is well-positioned to capitalize on this market, democratizing the social media marketing ecosystem.

Liberty Media Corporation Proposes Private Offering of Convertible Senior Notes

Retrieved on:

Tuesday, March 7, 2023

Motor Sports, Technology, Baseball, Sports, Other Communications, Entertainment, Other Technology, Communications, General Entertainment, TV and Radio, Lombardi Media Corporation, Exercise, Sale, Hand, SEC Rule 144A, Liberty Media, Senior, Security (finance), Note

Liberty Media Corporation (“Liberty”) (NASDAQ: LSXMA, LSXMB, LSXMK, BATRA, BATRK, FWONA, FWONK) announced today that it intends to offer $500 million aggregate principal amount of convertible senior notes (the “Notes”) in a private offering.

Key Points:

Liberty Media Corporation (“Liberty”) (NASDAQ: LSXMA, LSXMB, LSXMK, BATRA, BATRK, FWONA, FWONK) announced today that it intends to offer $500 million aggregate principal amount of convertible senior notes (the “Notes”) in a private offering.
The Notes will be convertible into shares of Liberty’s Series A Liberty SiriusXM common stock (“LSXMA”), which may be settled at Liberty’s election in LSXMA, cash or a combination thereof.
The Notes, as well as the associated cash proceeds, will be attributed to the Liberty SiriusXM Group.
The Notes will be senior, unsecured obligations of Liberty, and interest will be payable semi-annually in arrears.

Liberty Media Corporation Closes Private Offering of $475 Million of 2.25% Convertible Senior Notes Due 2027

Retrieved on:

Friday, August 12, 2022

The Notes will be convertible into cash, shares of Libertys Series C Liberty Formula One common stock (FWONK) or a combination thereof, at Libertys election.

Key Points:

The Notes will be convertible into cash, shares of Libertys Series C Liberty Formula One common stock (FWONK) or a combination thereof, at Libertys election.
The Notes will mature on August 15, 2027, unless earlier redeemed, repurchased or converted.
Liberty Media Corporation operates and owns interests in a broad range of media, communications and entertainment businesses.
The businesses and assets attributed to the Braves Group (NASDAQ: BATRA, BATRK) include Liberty Media Corporations subsidiary Braves Holdings, LLC.

Liberty Media Corporation Prices Upsized Private Offering of $425 Million of 2.25% Convertible Senior Notes Due 2027

Retrieved on:

Wednesday, August 10, 2022

Liberty Media Corporation (Liberty) (Nasdaq: LSXMA, LSXMB, LSXMK, BATRA, BATRK, FWONA, FWONK) announced today that it has priced and agreed to sell to initial purchasers in an upsized private offering $425 million aggregate principal amount of its 2.25% convertible senior notes due 2027 (the Notes).

Key Points:

Liberty Media Corporation (Liberty) (Nasdaq: LSXMA, LSXMB, LSXMK, BATRA, BATRK, FWONA, FWONK) announced today that it has priced and agreed to sell to initial purchasers in an upsized private offering $425 million aggregate principal amount of its 2.25% convertible senior notes due 2027 (the Notes).
The Notes, as well as the associated cash proceeds, will be attributed to the Liberty Formula One tracking stock group.
The Notes will be convertible into cash, shares of Libertys Series C Liberty Formula One common stock (FWONK) or a combination thereof, at Libertys election.
Liberty Media Corporation operates and owns interests in a broad range of media, communications and entertainment businesses.

Liberty Media Corporation Proposes Private Offering of Convertible Senior Notes

Retrieved on:

Tuesday, August 9, 2022

Liberty Media Corporation (Liberty) (Nasdaq: LSXMA, LSXMB, LSXMK, BATRA, BATRK, FWONA, FWONK) announced today that it intends to offer $375 million aggregate principal amount of convertible senior notes (the Notes) in a private offering.

Key Points:

Liberty Media Corporation (Liberty) (Nasdaq: LSXMA, LSXMB, LSXMK, BATRA, BATRK, FWONA, FWONK) announced today that it intends to offer $375 million aggregate principal amount of convertible senior notes (the Notes) in a private offering.
The Notes, as well as the associated cash proceeds, will be attributed to the Liberty Formula One tracking stock group.
The Notes will be senior, unsecured obligations of Liberty, and interest will be payable semi-annually in arrears.
Liberty Media Corporation operates and owns interests in a broad range of media, communications and entertainment businesses.