QVC Group files prepackaged Chapter 11; ~$6.55B debt restructuring with creditor support

QVC INC

Prepackaged Chapter 11 filed on April 16, 2026; supported by holders of ~$6.55B across QVC notes, LINTA notes, and Credit Facility.
Restructuring plan: Reorganized QVC to issue $1.3B takeback debt; creditors receive pro rata share plus 100% equity; equity holders to get nothing.
$300M DIP LC facility (collateralized by $315M cash) to support operations; trade/contract claims unimpaired.
Company aims to emerge within 90 days of Petition Date; Plan confirmation target is 75 days post-filing.
Holders of QVCD and QVCC notes: notes to be cancelled under plan; trading is highly speculative.

item 1.01 item 1.03 item 2.04 item 7.01 item 9.01

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form_type: 8-K
ticker: QVCDQ
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company_name: QVC INC
filed_at: 2026-04-17T23:59:59+00:00
discovered_at: 2026-05-14T18:02:32.061650+00:00
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Source: SEC EDGAR

accession 0001104659-26-044600

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