---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-101889"
form_type: "8-K"
ticker: "QVCDQ"
cik: "0001254699"
company_name: "QVC INC"
filed_at: "2024-09-23T23:59:59+00:00"
generated_at: "2026-05-31T02:19:30.487731+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# QVC exchanges ~89% of 2027/2028 notes for new 6.875% notes and cash

## Summary
- 92.4% of 2027 notes ($531M) and 85.4% of 2028 notes ($427M) tendered; total ~$958M.
- Settlement expected Sept 25; issues ~$604.5M new 6.875% Senior Secured Notes due 2029 and pays ~$352M cash.
- Parent LI LLC contributes ~$277M cash to fund portion of consideration.
- Exchange reduces debt balance and extends maturities, improving QVC's credit profile.

## SEC filing metadata
- accession: 0001104659-24-101889
- form_type: 8-K
- ticker: QVCDQ
- cik: 0001254699
- company_name: QVC INC
- filed_at: 2024-09-23T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1254699/000110465924101889/0001104659-24-101889-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1254699/000110465924101889/tm2424512d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-101889
- JSON: https://secwatch.observer/filing/0001104659-24-101889.json
- Plain text: https://secwatch.observer/filing/0001104659-24-101889.txt

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