QVC Bondholders Hire Centerview, Akin as TV Network Struggles

With a wall of debt facing QVC Group Inc., a group of bondholders has hired Centerview Partners as well as Akin Gump Strauss Hauer & Feld as advisers, according to people familiar with the situation.

The set of ad hoc creditors has holdings in the television shopping network’s Liberty Interactive unit, or Linta, said the people who asked not to be identified discussing a private matter.

Messages left with QVC and Akin were not returned. Centerview declined to comment.

There are around $2.5 billion of bonds in the Linta unit, with most of the securities maturing in 2029 and ...