---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-131049"
form_type: "8-K"
ticker: "QVCDQ"
cik: "0001254699"
company_name: "QVC INC"
filed_at: "2021-10-28T23:59:59+00:00"
generated_at: "2026-06-28T16:37:10.726979+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# QVC refinances bank credit facility with $3.25B revolving line, lowers pricing, matures 2026

## Summary
- New $3.25B multi-currency revolving facility replaces existing $2.95B facility; $3.03B available after $220M drawn.
- Interest rate margins reduced vs prior facility; ABR loans +0.25%-0.625%, LIBOR-based loans +1.25%-1.625%, based on leverage.
- Maturity extended to October 27, 2026; secured by equity of QVC, Zulily, and Cornerstone.
- Borrowers include QVC, Zulily, Cornerstone, and QVC Global; joint and several liability.
- Proceeds to repay outstanding debt, finance working capital, and general corporate purposes.

## SEC filing metadata
- accession: 0001104659-21-131049
- form_type: 8-K
- ticker: QVCDQ
- cik: 0001254699
- company_name: QVC INC
- filed_at: 2021-10-28T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1254699/000110465921131049/0001104659-21-131049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1254699/000110465921131049/tm2131224d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-131049
- JSON: https://secwatch.observer/filing/0001104659-21-131049.json
- Plain text: https://secwatch.observer/filing/0001104659-21-131049.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
