---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-033049"
form_type: "8-K"
ticker: "LLYVA"
cik: "0002078416"
company_name: "Liberty Live Holdings, Inc."
filed_at: "2026-03-23T23:59:59+00:00"
generated_at: "2026-05-15T09:25:43.187097+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Liberty Live exchanges $1.116B of 2.375% debentures due 2053 for new similar notes

## Summary
- Issued $1.116B new 2.375% exchangeable senior debentures due 2053 for same amount of old debentures; $34M old remain outstanding.
- New debentures are unsecured senior obligations; interest payable quarterly starting March 31, 2026.
- Exchangeable into cash based on Live Nation common stock; initial exchange price ~$104.91/share; ~10.5M Live Nation shares attributable.
- Company may redeem after Sep 30, 2032; holders can require purchase on same date at 100% principal plus interest.

## SEC filing metadata
- accession: 0001104659-26-033049
- form_type: 8-K
- ticker: LLYVA
- cik: 0002078416
- company_name: Liberty Live Holdings, Inc.
- filed_at: 2026-03-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2078416/000110465926033049/0001104659-26-033049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2078416/000110465926033049/tm269372d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-033049
- JSON: https://secwatch.observer/filing/0001104659-26-033049.json
- Plain text: https://secwatch.observer/filing/0001104659-26-033049.txt

## Source-grounded claims
- claim_id: 630c92c6dd1d67b75b2497a324c7c5198d63bc8c
  claim: Liberty Live Holdings, Inc. incurred senior notes of $1,116 million with U.S. Bank Trust Company, National Association at 2.375% per annum maturing September 30, 2053.
  evidence_excerpt: approximately $1,116 million aggregate principal amount of New Debentures were issued in exchange for approximately $1,116 million aggregate principal amount of Old Debentures
  evidence_url: https://www.sec.gov/Archives/edgar/data/2078416/000110465926033049/0001104659-26-033049-index.htm
- claim_id: edb153c561b70e318f84da81d085dbd335656cb2
  claim: Liberty Live Holdings, Inc. entered into Indenture with U.S. Bank Trust Company, National Association valued at approximately $1,116 million aggregate principal amount (effective 2026-03-20).
  evidence_excerpt: f the New Debentures, on March 20, 2026, the Company entered into an indenture (the “Indenture”) with U.S. Bank Trust Company, National Association, as trustee.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2078416/000110465926033049/0001104659-26-033049-index.htm

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