Bankruptcy Court confirms QVC Group's prepackaged Chapter 11 plan; existing equity canceled for no consideration

QVC Group, Inc.

On July 20, 2026, Bankruptcy Court entered order confirming Second Amended Joint Prepackaged Plan of Reorganization.
Under the Plan, all existing Series A common, Series B common, and 8.0% Series A Preferred Stock will be canceled for no consideration.
RCF and QVC Notes claimholders will receive pro rata share of QVC Funded Debt Plan Consideration (cash, Takeback Debt, 100% of new equity).
LINTA Notes claimholders will receive LINTA Distributable Cash; trade and other secured/unsecured claims paid in full or unimpaired.
After emergence, 50 million shares of Reorganized QVC common stock expected to be issued and outstanding.

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