08:30 AM EDT, 03/13/2026 (MT Newswires) -- Liberty Live (LLYVA, LLYVK) said Friday it has signed privately negotiated exchange agreements with certain holders of its 2.375% exchangeable senior debentures due 2053.

The holders have agreed to exchange about $1.01 billion of the debentures for an equal principal amount of new 2.375% exchangeable senior debentures due 2053.

The company said the principal amount of new debentures issued to each holder will match the principal amount of the debentures exchanged.

The exchange transactions are expected to close on or about March 20, Liberty Live said.