Liberty Media (NASDAQ: LSXMA) closes Dorna loan refinancing deal

Rhea-AI Filing Summary

Liberty Media Corporation reported that it has closed a refinancing and maturity extension of the first lien Term Loan B, first lien Term Loan A and first lien revolving credit facility of Dorna Sports, S.L. Dorna Sports is a private limited company incorporated in Spain and an indirect subsidiary of Liberty Media.

The company disclosed this transaction under a Regulation FD item, noting that the related press release is being furnished as an exhibit and is not deemed filed for any purpose. No financial statements were included with this update.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION 

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (date of earliest event reported): August 18, 2025

LIBERTY MEDIA CORPORATION

(Exact name of registrant as specified in its charter)

Delaware		001-35707		37-1699499
(State or other jurisdiction of incorporation or organization)		(Commission File Number)		(I.R.S. Employer Identification No.)

12300 Liberty Blvd.

Englewood, Colorado 80112

(Address of principal executive offices and zip code)

Registrant's telephone number, including area code: (720) 875-5400

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol	Name of each exchange on which registered
Series A Liberty Formula One Common Stock	FWONA	The Nasdaq Stock Market LLC
Series C Liberty Formula One Common Stock	FWONK	The Nasdaq Stock Market LLC
Series A Liberty Live Common Stock	LLYVA	The Nasdaq Stock Market LLC
Series C Liberty Live Common Stock	LLYVK	The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ¨

Item 7.01. Regulation FD Disclosure.

On August 18, 2025, Liberty Media Corporation (the “Company”) announced the closing of the refinancing and maturity extension of the first lien Term Loan B, first lien Term Loan A and first lien revolving credit facility of Dorna Sports, S.L., a private limited company incorporated in Spain and an indirect subsidiary of the Company.

This Item 7.01 and the press release furnished herewith as Exhibit 99.1 are being furnished to the Securities and Exchange Commission in satisfaction of the public disclosure requirements of Regulation FD and shall not be deemed “filed” for any purpose.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.		Description
99.1		Press Release, dated August 18, 2025
104		Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: August 18, 2025

	LIBERTY MEDIA CORPORATION
	By:	/s/ Craig Troyer
		Name: Craig Troyer
		Title: Senior Vice President

FAQ

What did Liberty Media Corporation (LSXMA) disclose in this 8-K?

Liberty Media Corporation disclosed the closing of a refinancing and maturity extension of the first lien Term Loan B, first lien Term Loan A and first lien revolving credit facility of Dorna Sports, S.L., an indirect subsidiary.

Who is Dorna Sports, S.L. in relation to Liberty Media Corporation (LSXMA)?

Dorna Sports, S.L. is described as a private limited company incorporated in Spain and an indirect subsidiary of Liberty Media Corporation.

Which credit facilities of Dorna Sports were refinanced and extended?

The refinancing and maturity extension relate to Dorna Sports’ first lien Term Loan B, first lien Term Loan A and first lien revolving credit facility.

Under which SEC item did Liberty Media provide this refinancing update?

Liberty Media provided this update under Item 7.01, Regulation FD Disclosure.

Is the Liberty Media refinancing disclosure considered filed with the SEC?

The company states that the information in Item 7.01 and the Exhibit 99.1 press release is being furnished and shall not be deemed "filed" for any purpose.

What exhibit is included with this Liberty Media (LSXMA) 8-K?

The filing includes Exhibit 99.1, a press release dated August 18, 2025, and Exhibit 104, the cover page interactive data file formatted as Inline XBRL.