---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-093023"
form_type: "8-K"
ticker: "FWONA"
cik: "0001560385"
company_name: "Liberty Media Corp"
filed_at: "2026-08-10T11:19:42+00:00"
generated_at: "2026-08-10T11:25:22.149777+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Liberty Media proposes $600M convertible senior notes due 2032

## Summary
- Proposes $600M aggregate principal of convertible senior notes due 2032; initial purchasers get 13-day option for extra $90M.
- Notes convertible into cash, FWONK Series C shares, or combination at Liberty Media's election; senior unsecured.
- Net proceeds to enter capped calls on its 2.25% Convertible Senior Notes due 2027 and for working capital/repayment.
- Offered privately to Qualified Institutional Buyers under Rule 144A; interest rate and conversion rate set at pricing.

## SEC filing metadata
- accession: 0001104659-26-093023
- form_type: 8-K
- ticker: FWONA
- cik: 0001560385
- company_name: Liberty Media Corp
- filed_at: 2026-08-10T11:19:42+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1560385/000110465926093023/0001104659-26-093023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1560385/000110465926093023/tm2622631d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-093023
- JSON: https://secwatch.observer/filing/0001104659-26-093023.json
- Plain text: https://secwatch.observer/filing/0001104659-26-093023.txt

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