{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-079846","form_type":"8-K","ticker":"FWONA","cik":"0001560385","company_name":"Liberty Media Corp","filed_at":"2025-08-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.351587+00:00","generated_at":"2026-05-17T11:53:56.431541+00:00","sec_items":["7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Liberty Media Announces Closing of MotoGP Debt Refinancing and Maturity Extension","bullets":["Dorna Sports closed refinancing of €800M Term Loan B maturing Aug 2032, replacing €975M loan with Mar 2029 maturity.","New $232.5M Term Loan A and €100M revolving credit facility both mature in 2030, replacing previous facilities maturing 2028.","Net debt reduced by €125M using MotoGP cash; pro forma debt $1.2B, cash $187M as of June 30, 2025.","Interest margins reduced: Term Loan B from 3.25% to 2.75%, Term Loan A from 2.50% to 1.75%, revolving facility from 2.50% to 2.25%.","Debt remains non-recourse to Liberty Media."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-079846","json":"https://secwatch.observer/filing/0001104659-25-079846.json","markdown":"https://secwatch.observer/filing/0001104659-25-079846.md","text":"https://secwatch.observer/filing/0001104659-25-079846.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1560385/000110465925079846/0001104659-25-079846-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1560385/000110465925079846/tm2523720d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud","generated_at":"2026-05-17T11:53:56.431541+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}