Formula One owner Liberty Media plans USD 600 million convertible senior notes offering

Reuters2026/08/10 11:14

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Formula One Group owner Liberty Media launched a private offering of USD 600 million convertible senior notes.
Deal includes an option for initial purchasers to buy up to an additional USD 90 million of notes within 13 days.
Notes will be senior unsecured obligations, convertible into cash, FWONK shares, or a combination at Liberty Media’s election.
Proceeds earmarked for capped call transactions tied to its 2.25% convertible senior notes due 2027, working capital, general corporate purposes, repaying the 2027 notes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Formula One Group published the original content used to generate this news brief via Business Wire (Ref. ID: 20260809180172) on August 10, 2026, and is solely responsible for the information contained therein.

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Formula One owner Liberty Media plans USD 600 million convertible senior notes offering

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