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

QVC INC

On July 20, 2026, Bankruptcy Court entered order confirming Second Amended Joint Prepackaged Plan of Reorganization.
All existing common and preferred equity interests will be canceled for no consideration on the Effective Date.
RCF and QVC Notes claimholders receive pro rata share of QVC Funded Debt Plan Consideration (cash, Takeback Debt, and 100% of new equity).
LINTA Notes claimholders receive LINTA Distributable Cash; other secured and unsecured claims paid in full in cash or reinstated.
Company expects to emerge from Chapter 11 after satisfaction of conditions precedent.

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