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Security Details
- Coupon Rate
- —
- Liquidation Preference
- $25.00
- Call Price
- $25.00
- Call / Redemption Date
- —
- Maturity Date
- —
- Distribution Period
- Q
- Rate Type
- Fixed
- Annual Distribution
- —
- Distribution Dates
- 1/15, 4/15, 7/15 & 10/15
- Tax-Advantaged Dividends
- No
Security Profile
- CUSIP
- 36164V503
- Previous Symbol
- GLIBP (changed 12/18/2020)
- Previous Name
- GCI Liberty
- Parent Company
- GCI Liberty, Inc. (LBRDA)
Business: Liberty Broadband Series A Cumulative Redeemable Preferred Stock formerly GCI Liberty, Series A Cumulative Redeemable Preferred Stock
Notes: Dec 18, 2020 -- Liberty Broadband Corporation (“Liberty Broadband”) (NASDAQ: LBRDA, LBRDK, LBRDP) and GCI Liberty, Inc. (“GCI Liberty”) (NASDAQ: GLIBA, GLIBP) each announced that Liberty Broadband has closed its acquisition of GCI Liberty via a stock-for-stock merger (the “combination”). At the effective time of the combination, (i) each share of GCI Liberty Series A common stock outstanding immediately prior to the effective time was converted into 0.580 of a share of Liberty Broadband Series C common stock, (ii) each share of GCI Liberty Series B common stock outstanding immediately prior to the effective time was converted into 0.580 of a share of Liberty Broadband Series B common stock and (iii) each share of GCI Liberty Series A Cumulative Redeemable Preferred Stock outstanding immediately prior to the effective time was converted into one share of newly issued Liberty Broadband Series A Cumulative Redeemable Preferred Stock. Cash will be paid in lieu of issuing fractional shares of Liberty Broadband Series C common stock and Liberty Broadband Series B common stock.s a result of the completion of the combination, shares of GCI Liberty Series A common stock and GCI Liberty Series A Cumulative Redeemable Preferred Stock will no longer trade on Nasdaq, and shares of GCI Liberty Series B common stock will be removed from quotation on the OTC Markets. Shares of Liberty Broadband Series A Cumulative Redeemable Preferred Stock are expected to begin trading on the Nasdaq Global Select Market under the symbol “LBRDP” when the market opens on December 21, 2020. <p> There is limited information about this Security.
Company Contact
- CEO
- Gregory B. Maffei
- CFO
- Brian J. Wendling
- Headquarters
- 12300 Liberty Boulevard, Englewood, CO 80112
- Phone
- 720-875-5700 · Toll-Free 844-826-8735
- Investor Relations
- Shane Kleinstein · 720-875-5432 · investor@libertybroadband.com