ΗΡΧΣΞΫΞΫΚΣΖ΅

Quarterly report pursuant to Section 13 or 15(d)

Long-Term Debt (Tables)

v3.22.2
Long-Term Debt (Tables)
6 Months Ended
Jun. 30, 2022
Schedule of Long-term Debt Instruments

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Outstanding

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°δ²Ή°ω°ω²βΎ±²Τ²΅Μύ±Ή²Ή±τ³ά±π

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ΜύΜύΜύΜύ

Principal

ΜύΜύΜύΜύ

June 30,

ΜύΜύΜύΜύ

December 31,

Μύ

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June 30, 2022

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2022

​

2021

​

​

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amountsΜύinΜύmillions

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Liberty SiriusXM Group

​

​

​

​

​

​

​

​

​

Corporate level notes and loans:

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​

​

​

​

​

​

​

​

1.375% Cash Convertible Senior Notes due 2023 (1)

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$

1,000

Μύ

​

1,182

​

1,540

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2.125% Exchangeable Senior Debentures due 2048 (1)

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​

387

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​

387

​

416

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2.25% Exchangeable Senior Debentures due 2048 (1)

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​

β€”

​

​

β€”

​

644

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2.75% Exchangeable Senior Debentures due 2049 (1)

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​

586

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​

565

​

624

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0.5% Exchangeable Senior Debentures due 2050 (1)

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​

920

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​

1,031

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1,332

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Sirius XM Holdings Margin Loan

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​

875

Μύ

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875

Μύ

875

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Live Nation Margin Loan

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β€”

Μύ

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β€”

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β€”

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Subsidiary notes and loans:

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​

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​

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Sirius XM 3.125% Senior Notes due 2026

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1,000

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991

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990

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Sirius XM 5.0% Senior Notes due 2027

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​

1,500

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1,492

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1,491

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Sirius XM 4.0% Senior Notes due 2028

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​

2,000

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1,980

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1,979

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Sirius XM 5.50% Senior Notes due 2029

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​

1,250

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1,240

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1,239

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Sirius XM 4.125% Senior Notes due 2030

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​

1,500

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1,486

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1,485

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Sirius XM 3.875% Senior Notes due 2031

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​

1,500

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1,484

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1,484

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Pandora 1.75% Convertible Senior Notes due 2023

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​

193

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​

193

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177

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Sirius XM Senior Secured Revolving Credit Facility

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Μύ

510

Μύ

​

510

Μύ

β€”

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Sirius XM Incremental Term Loan

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​

500

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500

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β€”

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Deferred financing costs

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​

​

​

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(13)

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(14)

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Total Liberty SiriusXM Group

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13,721

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13,903

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14,262

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Braves Group

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Subsidiary notes and loans:

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Notes and loans

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Μύ

602

Μύ

​

602

Μύ

700

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Deferred financing costs

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(3)

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(3)

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Total Braves Group

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​

602

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599

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697

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Formula One Group

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​

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Corporate level notes and loans:

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1% Cash Convertible Notes due 2023 (1)

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240

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416

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666

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Other

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66

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66

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69

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Subsidiary notes and loans:

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​

​

​

​

​

​

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Senior Loan Facility

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2,902

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2,902

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2,902

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Deferred financing costs

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​

​

​

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(4)

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(6)

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Total Formula One Group

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3,208

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3,380

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3,631

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Total debt

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$

17,531

Μύ

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17,882

Μύ

18,590

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Debt classified as current

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​

Μύ

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(911)

Μύ

(2,891)

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Total long-term debt

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$

16,971

Μύ

15,699

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(1) Measured at fair value

Fair Value of Debt

The fair value, based on quoted market prices of the same instruments but not considered to be active markets (LevelΜύ2), of Sirius XM Holdings’ publicly traded debt securities, not reported at fair value, are as follows (amounts in millions):

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ΜύΜύΜύΜύ

June 30, 2022

Μύ

Sirius XM 3.125% Senior Notes due 2026

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$

880

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Sirius XM 5.0% Senior Notes due 2027

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$

1,387

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Sirius XM 4.0% Senior Notes due 2028

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$

1,720

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Sirius XM 5.50% Senior Notes due 2029

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$

1,144

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Sirius XM 4.125% Senior Notes due 2030

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$

1,245

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Sirius XM 3.875% Senior Notes due 2031

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$

1,193

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Pandora 1.75% Convertible Senior Notes due 2023

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$

212

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Braves Holdings Μύ
Schedule of Braves Holdings Debt

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°δ²Ή°ω°ω²βΎ±²Τ²΅Μύ±Ή²Ή±τ³ά±π

Μύ

As of June 30, 2022

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June 30,

ΜύΜύΜύΜύ

DecemberΜύ31,

Μύ

Borrowing

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Weighted avg

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Maturity

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2022

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2021

Μύ

Capacity

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interest rate

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Date

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amounts in millions

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Operating credit facilities

$

β€”

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120

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185

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NA

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various

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Ballpark funding

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Μύ

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​

​

​

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Senior secured note

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175

​

178

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NA

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3.77%

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September 2041

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Floating rate notes

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52

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55

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NA

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3.95%

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September 2029

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Stadium credit facility

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44

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46

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45

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2.87%

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July 2026

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Mixed-use credit facilities and loans

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301

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271

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316

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3.87%

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various

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Spring training credit facility

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30

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30

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NA

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3.65%

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December 2030

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Total Braves Holdings

$

602

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700

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