---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-077362"
form_type: "8-K"
ticker: "LBRDA"
cik: "0001611983"
company_name: "Liberty Broadband Corp"
filed_at: "2024-07-02T23:59:59+00:00"
generated_at: "2026-05-31T23:46:36.909607+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Liberty Broadband closes $860M exchangeable debenture offering, repays $540M margin loan

## Summary
- Closed private offering of $860M 3.125% exchangeable senior debentures due 2054, exchangeable for Charter common stock.
- Proceeds used to repay $540M of margin loan borrowings and repurchase $300M of existing 3.125% debentures due 2053.
- Initial exchange price ~$393.05 per Charter share; 2,188,012 Charter shares attributable to the debentures.
- Margin loan agreement amended to extend scheduled maturity to June 30, 2027; $1.15B term loan and $180M revolver outstanding.
- Interest on debentures payable quarterly starting Dec. 31, 2024; redeemable by issuer on or after Dec. 15, 2028.

## SEC filing metadata
- accession: 0001104659-24-077362
- form_type: 8-K
- ticker: LBRDA
- cik: 0001611983
- company_name: Liberty Broadband Corp
- filed_at: 2024-07-02T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1611983/000110465924077362/0001104659-24-077362-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1611983/000110465924077362/tm2418656d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-077362
- JSON: https://secwatch.observer/filing/0001104659-24-077362.json
- Plain text: https://secwatch.observer/filing/0001104659-24-077362.txt

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