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Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
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  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
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Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

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Liberty Media Corporation Announces Closing of Refinancing of MotoGP™ Debt Facilities

Liberty Media Corporation (“Liberty”) (Nasdaq: FWONA, FWONK, LLYVA, LLYVK) announced today that Dorna Sports, S.L. (“MotoGP”) closed the refinancing and maturity extension of its first lien Term Loan B, first lien Term Loan A and first lien revolving credit facility on August 18, 2025. MotoGP is a subsidiary of Liberty and is the exclusive commercial rights holder of the FIM MotoGP™ World Championship.

MotoGP refinanced the previous €975 million Term Loan B with a maturity of March 31, 2029 with a new €800 million Term Loan B with a maturity of August 18, 2032, the previous €150 million Term Loan A with a maturity of September 29, 2028 with a new $232.5 million Term Loan A with a maturity of August 18, 2030 and the previous €100 million multicurrency revolving credit facility with a maturity of September 30, 2028 with a new €100 million multicurrency revolving credit facility with a maturity of August 18, 2030. The net reduction of €125 million under the debt facilities was funded with cash from MotoGP’s balance sheet. Based on MotoGP’s balance sheet as of June 30, 2025 and assuming exchange rates as of that date, pro forma for the refinancing transactions, MotoGP has approximately $187 million of cash and liquid investments and principal amount of debt of $1.2 billion. MotoGP’s net senior secured leverage ratio as of June 30, 2025 as defined in its credit facility and pro forma for the refinancing transactions is 5.2x.

The margin for the Term Loan B has been reduced from 3.25% to 2.75% (with a range of 2.25% to 2.75% based on MotoGP’s consolidated net senior secured leverage ratio) with a reference rate of EURIBOR. The margin for the Term Loan A has been reduced from 2.50% to 1.75% (with a range of 1.50% to 2.00% based on MotoGP’s consolidated net senior secured leverage ratio) with a reference rate of Term SOFR. The margin for the revolving credit facility has been reduced from 2.50% to 2.25% (with a range of 2.00% to 2.50% based on MotoGP’s consolidated net senior secured leverage ratio) with a reference rate of one of Term SOFR, SONIA or EURIBOR based on the currency of the applicable borrowing. The Term Loan B, the Term Loan A and the revolving credit facility remain non-recourse to Liberty. MotoGP, together with the debt described herein, is attributed to Liberty’s Formula One Group tracking stock.

About Liberty Media Corporation

Liberty Media Corporation (“Liberty”) operates and owns interests in media, sports and entertainment businesses. Those businesses are attributed to two tracking stock groups: the Formula One Group and the Liberty Live Group. The businesses and assets attributed to the Formula One Group (NASDAQ: FWONA, FWONK) include Liberty’s subsidiaries Formula 1, MotoGP and Quint, and other minority investments. The businesses and assets attributed to the Liberty Live Group (NASDAQ: LLYVA, LLYVK) include Liberty’s interest in Live Nation and other minority investments.

About Dorna Sports, S.L.

Dorna Sports, S.L (“MotoGP”) became the sole commercial and television rights holder of the FIM MotoGP™ World Championship in 1991 and is based in Madrid, with premises in Barcelona and a subsidiary in Rome. MotoGP holds exclusive rights to MotoGP feeder series Moto2™ and Moto3™, electric series MotoE™, the FIM Superbike World Championship and the FIM Women's Circuit Racing World Championship.

Source: Liberty Media Corporation

Contacts

Liberty Media Corporation – Investor Contact

Shane Kleinstein, +1 720-875-5432

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