UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 7.01. Regulation FD Disclosure
On August 24, 2020 Liberty Broadband Corporation (“Liberty Broadband”) announced the pricing in an upsized private offering of $500 million aggregate principal amount of its 2.75% Exchangeable Senior Debentures due 2050 (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 up to $75 million. The offering is expected to close on August 27, 2020, subject to satisfaction of customary closing conditions. Liberty Broadband intends to use the net proceeds of the offering for general corporate purposes, which may include the repurchase of shares of Liberty Broadband common stock.
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.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
Exhibit No. |
Description | |
99.1 | Press Release, dated August 24, 2020 regarding the pricing. | |
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: August 25, 2020
LIBERTY BROADBAND CORPORATION | |||
By: | /s/ Wade Haufschild | ||
Name: | Wade Haufschild | ||
Title: | Vice President |