Liberty Interactive Corp.-owned Liberty Interactive LLC will make a quarterly interest payment to the holders of its 0.75% senior exchangeable debentures due 2043.
The payment will be made to holders of record as of March 15. The amount of the payment is $1.875 per $1,000 original principal amount of debentures. As of March 30, 2,035 debentures remained outstanding in the aggregate adjusted principal amount of $777,582, after giving effect to the current quarterly interest payment.
Liberty Interactive LLC on June 16, 2016, distributed $614.4332 per $1,000 original principal amount of the debentures resulting from the "extraordinary cash distribution" made to former holders of common stock of Time Warner Cable Inc. on May 18, 2016, in connection with the mergers involving Charter Communications Inc. and Time Warner Cable.
Liberty Interactive LLC is also paying an additional distribution of $2.2009 per debenture, attributable to the regular quarterly dividends paid by Time Warner Inc. of 40.25 cents and by Time Inc. of 19 cents each on March 15.