Liberty Interactive Corp. unit Liberty Interactive LLC will pay a quarterly interest payment to the holders of its 1.0% senior exchangeable debentures due 2043.
The amount of the quarterly interest payment is $2.50 per $1,000 original principal amount of the debentures. As of Sept. 30, 900 debentures remained outstanding in the aggregate adjusted principal amount of $775,816, after giving effect to the current quarterly interest payment. Holders of record as of Sept. 15 will get the payment.
Liberty Interactive LLC on March 19, 2015, made an extraordinary distribution of $134.5800 per $1,000 original principal amount of the 1.0% debentures resulting from the declaration and payment by HSN Inc. of a special cash dividend of $10.00 per share to HSN shareholders of record as of Feb. 9, 2015.
The unit is also paying an additional distribution of $2.2879 per debenture, attributable to the portion of the quarterly dividend paid by HSN on Sept. 22 in excess of 18 cents per share.