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Equity collar

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Equity collar
The simultaneous purchase of an equity floor and sale of an equity cap.

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As mentioned, Liberty continues to execute its voluntary debt reduction program through the monetization of nonstrategic investments, use of cash balances, and proceeds from equity collar expirations.
for a term of 36 months for a $20,000,000 equity collar to be funded through a proposed SB-2.
 
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