Liberty Media proposes $850M incremental term loan B for Formula 1; discloses $1.457B cash at Aug 31, 2024

Liberty Media Corp

Formula 1 hosting lender presentation on Sep 3, 2024 for proposed incremental $850M term loan B.
Preliminary cash and cash equivalents for Formula 1 operating business ~$1.457B as of Aug 31, 2024.
Estimate is subject to quarterly review and may differ from final Q3 2024 results.
Proceeds from incremental term loan B not specified; no impact on Liberty Media's other tracking stocks.

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