Liberty Broadband Corp Files 8-K

TL;DR

Liberty Broadband filed an 8-K on 6/25/24, likely containing important company updates.

AI Summary

On June 25, 2024, Liberty Broadband Corporation filed an 8-K report. The filing primarily concerns Regulation FD Disclosure and Financial Statements and Exhibits. No specific financial transactions or material events were detailed in the provided excerpt.

Why It Matters

This filing indicates Liberty Broadband Corporation is providing updates or disclosures required by the SEC, which could contain material information for investors.

Risk Assessment

Risk Level: low — The provided excerpt is a standard SEC filing notification and does not contain specific financial or operational details that would indicate immediate risk.

Key Players & Entities

• Liberty Broadband Corporation (company) — Registrant
• June 25, 2024 (date) — Date of Report
• 001-36713 (other) — SEC File Number
• 47-1211994 (other) — I.R.S. Employer Identification No.
• 12300 Liberty Blvd. Englewood, Colorado 80112 (address) — Principal executive offices

FAQ

Key Financial Figures

• $800 million — icing of an upsized private offering of $800 million aggregate original principal amount of
• $120 million — an aggregate principal amount of up to $120 million. The offering is expected to close on J
• $500 million — of the offering to repay approximately $500 million of borrowings under the margin loan agr
• $300 million — ty, repurchase a total of approximately $300 million in aggregate principal amount of Libert

Filing Documents

• tm2417826d2_8k.htm (8-K) — 29KB
• tm2417826d2_ex99-1.htm (EX-99.1) — 9KB
• 0001104659-24-074558.txt ( ) — 261KB
• lbrda-20240625.xsd (EX-101.SCH) — 3KB
• lbrda-20240625_def.xml (EX-101.DEF) — 27KB
• lbrda-20240625_lab.xml (EX-101.LAB) — 36KB
• lbrda-20240625_pre.xml (EX-101.PRE) — 25KB
• tm2417826d2_8k_htm.xml (XML) — 6KB

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure. On June 25, 2024, Liberty Broadband Corporation ("Liberty Broadband") announced the pricing of an upsized private offering of $800 million aggregate original principal amount of its 3.125% Exchangeable Senior Debentures due 2054 (the "Debentures") pursuant to an exemption under the Securities Act of 1933, as amended. Liberty Broadband has also granted to the initial purchasers an option to purchase additional Debentures with an aggregate principal amount of up to $120 million. The offering is expected to close on July 2, 2024, subject to satisfaction of customary closing conditions. Liberty Broadband intends to use the net proceeds of the offering to repay approximately $500 million of borrowings under the margin loan agreement of Liberty Broadband's indirect, wholly-owned special purpose entity, repurchase a total of approximately $300 million in aggregate principal amount of Liberty Broadband's 3.125% exchangeable senior debentures due 2053 pursuant to individually privately negotiated transactions and for general corporate purposes. This Current Report on Form 8-K and the press release regarding the pricing of the offering attached hereto as Exhibit 99.1 are being furnished to the Securities and Exchange Commission under Item 7.01 of Form 8-K in satisfaction of the public disclosure requirements of Regulation FD and shall not be deemed "filed" for any purpose.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release, dated June 25, 2024, regarding the pricing of the private offering. 104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: June 25, 2024 LIBERTY BROADBAND CORPORATION By: /s/ Wade Haufschild Name: Wade Haufschild Title: Senior Vice President

View Full Filing

View this 8-K filing on SEC EDGAR