--- title: "Liberty Broadband Secures New Loan and Waiver Support" type: "News" locale: "en" url: "https://longbridge.com/en/news/286476161.md" description: "Liberty Broadband has entered a new loan agreement with Charter Communications, securing a $359 million term loan to repay a subsidiary's margin loan, enhancing its balance sheet ahead of a merger. Additionally, a subsidiary obtained a waiver from lenders to stabilize financing during the merger process. Spark's AI Analyst rates LBRDA as Neutral due to weak financial performance, despite a low P/E valuation and potential cash flow improvements from acquisitions. Liberty Broadband is a holding company with significant interests in broadband and cable communications, primarily through Charter Communications." datetime: "2026-05-14T22:18:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286476161.md) - [en](https://longbridge.com/en/news/286476161.md) - [zh-HK](https://longbridge.com/zh-HK/news/286476161.md) --- # Liberty Broadband Secures New Loan and Waiver Support ### Claim 55% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks Liberty Broadband ( (LBRDA) ) has issued an update. On May 12, 2026, Liberty Broadband entered into a new loan agreement with Charter Communications under a previously announced merger-related framework, establishing a flexible term loan facility secured by subsidiary equity and guaranteed by certain Liberty units. The initial $359 million borrowing, together with proceeds from Charter’s repurchase of Charter shares held by Liberty, was used to repay $617 million of principal, accrued and unpaid interest on a subsidiary’s margin loan, tightening Liberty Broadband’s balance sheet ahead of the proposed merger timeline. The facility carries Term SOFR-based interest plus a 2.00% margin, allows penalty-free prepayments, and matures within six months after either the merger’s drop-dead date or termination, with customary covenants limiting intercompany dispositions and requiring additional security on request. On May 14, 2026, a bankruptcy-remote Liberty subsidiary also secured a limited waiver from BNP Paribas and other lenders that temporarily restricts their ability to adjust terms of an existing margin loan following certain share price events, providing short-term stability to Liberty Broadband’s financing structure during the pending merger process. **Spark’s Take on LBRDA Stock** According to Spark, TipRanks’ AI Analyst, LBRDA is a Neutral. The score is held down primarily by weak recent financial performance and cash flow (TTM loss and negative operating/free cash flow) and a clearly bearish technical setup (price well below key moving averages with negative MACD). These are partially offset by a relatively low P/E valuation and earnings-call guidance indicating peak 2026 CapEx with expected step-down and potential free-cash-flow accretion from the Quintillion acquisition, though leverage is expected to rise on a pro forma basis. To see Spark’s full report on LBRDA stock, click here. **More about Liberty Broadband** Liberty Broadband Corporation is a Delaware-based holding company with significant interests in broadband and cable communications, including a major stake in Charter Communications, Inc. Operating through wholly owned subsidiaries and structured vehicles, it actively manages debt and equity positions to support its telecommunications-related investments and capital structure. **Average Trading Volume:** 182,171 **Technical Sentiment Signal:** Sell **Current Market Cap:** $4.95B ### Related Stocks - [CHTR.US](https://longbridge.com/en/quote/CHTR.US.md) - [LBRDA.US](https://longbridge.com/en/quote/LBRDA.US.md) - [LBRDK.US](https://longbridge.com/en/quote/LBRDK.US.md) - [XTL.US](https://longbridge.com/en/quote/XTL.US.md) - [IYZ.US](https://longbridge.com/en/quote/IYZ.US.md) - [XLC.US](https://longbridge.com/en/quote/XLC.US.md) - [VOX.US](https://longbridge.com/en/quote/VOX.US.md) - [IXP.US](https://longbridge.com/en/quote/IXP.US.md) - [BNPQY.US](https://longbridge.com/en/quote/BNPQY.US.md) - [LBDKV.US](https://longbridge.com/en/quote/LBDKV.US.md) - [LBDAV.US](https://longbridge.com/en/quote/LBDAV.US.md) - [LBRDP.US](https://longbridge.com/en/quote/LBRDP.US.md) ## Related News & Research - [Zegona Cancels 255,000 Shares After Buyback, Tightening Share Capital](https://longbridge.com/en/news/285890616.md) - [DISCOVERY+ NOW AVAILABLE TO SPECTRUM TV CUSTOMERS AT NO EXTRA COST | CHTR Stock News](https://longbridge.com/en/news/286454575.md) - [Meta's 8,000 Job Cuts To Foot The $145B AI Bill](https://longbridge.com/en/news/286819463.md) - [Charter Communications Director Purchased Shares Worth Over $1.3M](https://longbridge.com/en/news/286816047.md) - [Charter Communications CEO Says ARPU Selloff Misses Bigger Broadband Strategy](https://longbridge.com/en/news/286537169.md)