Liberty Interactive Corp.'s Liberty Interactive LLC will pay a quarterly interest payment to the holders of its 1.0% senior exchangeable debentures due 2043.
Holders of record as of March 15 will get the payment. The amount of the quarterly interest payment is $2.50 per $1,000 original principal amount of debentures. As of March 31, 900 debentures remained outstanding in the aggregate adjusted principal amount of $776,434, after giving effect to the current quarterly interest payment.
The unit on March 19, 2015, made an extraordinary distribution of $134.5800 per $1,000 original principal amount of the debenture 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.
Further, Liberty Interactive LLC is paying an additional distribution of $2.2879 per debenture, attributable to the portion of the quarterly dividend paid by HSN on March 22 in excess of 18 cents per share.