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Liberty Interactive unit sets semiannual payment on debentures

Liberty Interactive Corp. said Feb. 15 that unit Liberty Interactive LLC will make a semiannual interest payment and a regular additional distribution to the holders of its 3.75% senior exchangeable debentures due 2030.

The semiannual interest payment is $18.75 per $1,000 original principal amount of debentures, while the additional distribution is 62.056 cents per debenture.

The additional distribution is attributable to the portion of the quarterly dividend paid by CenturyLink Inc. on Sept. 15, 2017, and Dec. 11, 2017.

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