ENGLEWOOD, Colo.–(BUSINESS WIRE)– Liberty Media Corporation (“Liberty”) (Nasdaq: FWONA, FWONK) introduced immediately that MotoGP Sports activities Leisure Group, S.L. (“MotoGP”) closed the repricing of its first lien Time period Mortgage B, first lien Time period Mortgage A and first lien revolving credit score facility on June 17, 2026. MotoGP is a subsidiary of Liberty and is the unique business rights holder of the FIM MotoGP™ World Championship.
MotoGP repriced the earlier €800 million Time period Mortgage B with a maturity of August 18, 2032 with a brand new €720 million Time period Mortgage B due August 18, 2032, the earlier $231 million Time period Mortgage A with a maturity of August 18, 2030 with a brand new $209 million Time period Mortgage A with a maturity of August 18, 2030 and the earlier €100 million multicurrency revolving credit score facility with a maturity of August 18, 2030 with a brand new €100 million multicurrency revolving credit score facility due August 18, 2030. The online discount of roughly $114 million equal below the debt amenities was funded with money from MotoGP’s stability sheet.
Primarily based on MotoGP’s stability sheet as of March 31, 2026 and assuming alternate charges as of that date, professional forma for the repricing transactions, MotoGP has roughly $72 million of money and liquid investments and principal quantity of debt of $1,037 million. MotoGP’s internet senior secured leverage ratio as of March 31, 2026 as outlined in its credit score facility and professional forma for the repricing transaction is 4.6x.
The present margin for the Time period Mortgage B has been decreased from 2.50% to 2.25% (with a brand new vary of 2.00% to 2.25% based mostly on MotoGP’s consolidated internet senior secured leverage ratio; the prior vary was 2.25% to 2.75%) with a reference price of EURIBOR. The present margin for the Time period Mortgage A is unchanged at 1.50% (with a brand new vary of 1.25% to 1.50% based mostly on MotoGP’s consolidated internet senior secured leverage ratio; the prior vary was 1.50% to 2.00%) with a reference price of Time period SOFR. The present margin for the revolving credit score facility is unchanged at 2.00% (with a brand new vary of 1.50% to 2.00% based mostly on MotoGP’s consolidated internet senior secured leverage ratio; the prior vary was 2.00 to 2.50%) with a reference price of one of Time period SOFR, SONIA or EURIBOR based mostly on the foreign money of the relevant borrowing. The Time period Mortgage B, the Time period Mortgage A and the revolving credit score facility stay non-recourse to Liberty.
About Liberty Media Corporation
Liberty Media Corporation (Nasdaq: FWONA, FWONK) operates and owns pursuits in media, sports activities and leisure companies. The portfolio of belongings contains Liberty Media’s subsidiaries System 1, MotoGP and different minority investments.
About MotoGP Sports activities Leisure Group, S.L.
MotoGP Sports activities Leisure Group, S.L (“MotoGP”) grew to become the only business and tv rights holder of the FIM MotoGP™ World Championship in 1991 and relies in Madrid, with premises in Barcelona and a subsidiary in Rome. MotoGP holds unique rights to MotoGP feeder collection Moto2™ and Moto3™, electrical collection MotoE™, the FIM Superbike World Championship and the FIM Girls’s Circuit Racing World Championship.
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Liberty Media Corporation – Investor Contact
Hooper Stevens, +1 720-875-5406
MotoGP Sports activities Leisure Group, S.L. – Media Contact
Michael Gibson, michaelgibson@motogp.com
Supply: Liberty Media Corporation and MotoGP Sports activities Leisure Group, S.L.
Launched June 17, 2026
