Liberty Interactive prices $350M 1% convertible debentures due 2043

|About: Liberty Interactive Corporation (QVCA)|By:, SA News Editor

Liberty Interactive (LINTA +2.2%) prices a $350M private offering of 1% convertible senior debentures due 2043 (overallotment of $50M).

The debentures are convertible into HSN (HSNI -1.5%) stock at $74.31/share (Liberty owns 38% of HSN, which spun off in 2008). The offering is expected to close Sept. 9.