# QVC Group, Inc. (QVCGP) — bankruptcy/prepackaged [announced]
Source: SEC API (secapi.ai) · situation sit_1984919e5ff6f0c94a19 · retrieved 2026-08-11T16:15:10.664Z

## Overview
QVC Group, Inc. is a retail catalog and mail-order company operating a home shopping television network and e-commerce platform.

On July 20, 2026, the Bankruptcy Court for the Southern District of Texas confirmed the Second Amended Joint Prepackaged Plan of Reorganization for QVC Group, Inc. and its affiliated debtors. The plan was filed on April 16, 2026, and provides for the cancellation of all existing equity interests (7.9 million Series A common shares, 182,233 Series B common shares, and 12.7 million preferred shares outstanding as of June 30, 2026) for no consideration. Upon emergence, 50 million shares of common stock of Reorganized QVC are expected to be issued and outstanding (excluding shares reserved for management incentive plans). RCF claimholders and QVC Notes claimholders will receive their pro rata share of QVC Funded Debt Plan Consideration, consisting of QVC Distributable Cash, Takeback Debt (approximately $1.275–$1.325 billion), and 100% of QVC New Equity Interests (subject to dilution by management incentive plan shares). The company will operate under exit financing including a $750 million Exit ABL Facility.

## Terms
- Consideration: mixed

## Key dates
- Announced 2026-07-24

## Timeline
- 2026-07-24 · 8-K (0001104659-26-086686): 8-K - QVC Group, Inc. — *QVC Group, Inc. is a retail catalog and mail-order company operating a home shopping television network and e-commerce platform.* On July 20, 2026, the Bankruptcy Court for the Southern District of Texas confirmed the Second Amended Joint Prepackaged Plan of Reorganization for QVC Group, Inc. and its affiliated debtors. The plan was filed on April 16, 2026, and provides for the cancellation of all existing equity interests (7.9 million Series A common shares, 182,233 Series B common shares, and 12.7 million preferred shares outstanding as of June 30, 2026) for no consideration. Upon emergence, 50 million shares of common stock of Reorganized QVC are expected to be issued and outstanding (excluding shares reserved for management incentive plans). RCF claimholders and QVC Notes claimholders will receive their pro rata share of QVC Funded Debt Plan Consideration, consisting of QVC Distributable Cash, Takeback Debt (approximately $1.275–$1.325 billion), and 100% of QVC New Equity Interests (subject to dilution by management incentive plan shares). The company will operate under exit financing including a $750 million Exit ABL Facility.
  https://www.sec.gov/Archives/edgar/data/1355096/0001104659-26-086686.txt

## Citations
- 0001104659-26-086686 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926086686