Liberty Broadband Series A Cumulative Redeemable Preferred Stock (LBRDP)
NGM · Preferred · CUSIP 36164V503
Last Price•••.••
Current Yield•.••%
Yield to Call•.••%
Yield to Worst•.••%
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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

Security Type
Traditional Preferred Stock »
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
General Email
investor@libertybroadband.com
SEC EDGAR Filings
View filings »