Liberty Puerto Rico successfully raises new five-year $250 million secured facility
25 Sep 2025 inLiberty Puerto Rico successfully raises new five-year $250 million secured facility
Denver, Colorado - September 25, 2025: Liberty Latin America Ltd. (“Liberty Latin America” or “LLA”)(NASDAQ: LILA and LILAK, OTC Link: LILAB) today announced that Liberty Puerto Rico has successfully raised a new five-year $250 million secured financing through an unrestricted subsidiary of which $200 million has been drawn and $50 million will be available over the next twelve months.
The facility matures in 2030 and has a fixed coupon of 9.75% per annum. The financing is secured by certain fixed network and wireless spectrum assets of the Puerto Rico business and was provided by Diameter Capital Partners.
Christopher Noyes, SVP, Chief Financial Officer for Liberty Latin America, commented, “As part of the strategic initiatives announced during our Q2 2025 earnings results, we set out the intention to meet liquidity requirements in Puerto Rico utilizing local Puerto Rican assets. We are pleased that Liberty Puerto Rico has partnered with Diameter Capital Partners to confirm such a facility which serves to provide incremental capital to further support business operations and future investments.”
Moelis & Company LLC and Ropes & Gray LLP acted as financial adviser and legal counsel respectively to Liberty Puerto Rico.
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