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Qurate Retail sets semiannual payment on debentures

Qurate Retail Group said May 15 that it will make a semiannual interest payment and an additional distribution to the holders of its 4.0% senior exchangeable debentures due 2029.

The semiannual interest payment is $20.00 per $1,000 original principal amount of debentures, while the additional distribution is 84.89 cents per debenture.

The additional distribution is attributable to the quarterly cash dividends paid by CenturyLink Inc. on Dec. 11, 2017, and March 16, 2018.

The semiannual interest payment and additional distribution are expected to be paid May 15 to holders of record of the debentures May 1.