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LILAK Liberty Latin America Ltd

6.665
0.085 (1.29%)
Last Updated: 16:02:15
Delayed by 15 minutes
Share Name Share Symbol Market Type
Liberty Latin America Ltd NASDAQ:LILAK NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.085 1.29% 6.665 6.66 6.67 6.70 6.585 6.64 85,533 16:02:15

LIBERTY LATIN AMERICA’S C&W CREDIT SILO PRICES NEW $1.5 BILLION TERM LOAN DUE 2032

04/02/2025 9:31pm

Business Wire


Liberty Latin America (NASDAQ:LILAK)
Historical Stock Chart


From Jan 2025 to Feb 2025

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  • Refinancing transaction significantly extends silo’s weighted average life of debt

Liberty Latin America’s (“LLA” or the “Company”) largest credit silo, Cable & Wireless (“C&W”), priced a new $1.5 billion term loan at the end of January 2025. This term loan matures in 2032, bears interest at a rate of SOFR + 3.25%, and the net proceeds will be used to repay a $1.5 billion term loan maturing in 2028. This transaction is expected to close on February 18, 2025.

Chris Noyes, Liberty Latin America’s CFO, said, “Combined with the $1.0 billion refinancing of C&W’s Senior Secured and Senior Notes last October, we have now successfully extended the majority of C&W’s maturities beyond 2031, bringing our weighted average life of debt to nearly 6 years. This new $1.5 billion term loan highlights our ability to access markets efficiently, demonstrates the strength of the C&W credit silo, and positions the business for continued growth.”

ABOUT LIBERTY LATIN AMERICA

Liberty Latin America is a leading communications company operating in over 20 countries across Latin America and the Caribbean under the consumer brands BTC, Flow, Liberty and Más Móvil. The communications and entertainment services that we offer to our residential and business customers in the region include digital video, broadband internet, telephony and mobile services. Our business products and services include enterprise-grade connectivity, data center, hosting and managed solutions, as well as information technology solutions with customers ranging from small and medium enterprises to international companies and governmental agencies. In addition, Liberty Latin America operates a subsea and terrestrial fiber optic cable network that connects approximately 40 markets in the region.

Liberty Latin America has three separate classes of common shares, which are traded on the NASDAQ Global Select Market under the symbols “LILA” (Class A) and “LILAK” (Class C), and on the OTC link under the symbol “LILAB” (Class B).

For more information, please visit www.lla.com.

Investor Relations: Kunal Patel: ir@lla.com

Media Relations: Kim Larson: llacommunications@lla.com

1 Year Liberty Latin America Chart

1 Year Liberty Latin America Chart

1 Month Liberty Latin America Chart

1 Month Liberty Latin America Chart