Liberty Latin America Ltd. (NASDAQ: LILA and LILAK, OTC Link: LILAB) has announced significant developments regarding its financial position through its subsidiary, Liberty Puerto Rico. As of June 1, 2026, the company has successfully entered into two new financing agreements, which are poised to enhance its liquidity and bolster its operational capabilities in the region.

2. New Revolving Credit Facility

Liberty Puerto Rico has successfully negotiated a new senior secured revolving credit facility, which currently offers $140 million of availability. This facility replaces the previous revolving credit facility (the “2027 RCF”), which has been fully repaid and cancelled. The interest on the new revolving credit facility accrues on drawn amounts at a competitive rate equal to the Secured Overnight Financing Rate (SOFR) plus 4.25%, subject to specific adjustments.

Notably, the new revolving credit facility is backed by substantially the same assets as the existing senior secured term loan credit facility, known as the “2030 Facility,” which matures in September 2030. This demonstrates Liberty Puerto Rico’s commitment to maintaining a robust financial structure while ensuring the availability of funds for operational needs.

3. Additional Senior Secured Term Loan Financing

In a further move to strengthen its financial standing, Liberty Puerto Rico has successfully raised an additional $200 million through a senior secured term loan financing. This funding has been advanced as an incremental term loan under the 2030 Facility, carrying a fixed interest rate of 12.0% per annum. The loan is also secured by similar assets as the 2030 Facility, ensuring that Liberty Puerto Rico’s core assets continue to support its financial commitments.

Of the $200 million raised, $150 million has already been drawn, with the remaining $50 million available for use over the next twelve months. The additional financing has been facilitated by Helix Partners and Silver Point Capital, highlighting investor confidence in Liberty Puerto Rico's potential.

4. Commentary from Leadership

Christopher Noyes, Senior Vice President and Chief Financial Officer for Liberty Latin America, commented on the significance of these financing agreements: “These new financing agreements, which follow the $260 million secured facility previously announced in September 2025, continue to demonstrate the value of the local assets and their ability to support liquidity for Liberty Puerto Rico.” His statement underscores the strategic importance of local asset management in ensuring liquidity and operational flexibility for the company.

5. Advisory and Legal Support

The successful execution of these financing agreements involved the expertise of several advisors. Moelis & Company LLC acted as the financial adviser for Liberty Puerto Rico, while prominent law firms Latham & Watkins LLP and Ropes & Gray LLP provided legal counsel, ensuring that the agreements were structured effectively to meet the company's financial objectives.

6. Conclusion

Liberty Latin America's proactive approach in securing new financing demonstrates its commitment to maintaining a solid financial foundation while navigating the complexities of the telecommunications market in Latin America and the Caribbean. With these new agreements in place, Liberty Puerto Rico is well-positioned to enhance its operational capabilities and continue delivering quality communications services to its customers in the region.

As the company moves forward, stakeholders will be keen to observe how these financial maneuvers will impact its performance and growth trajectory in the rapidly evolving telecommunications landscape.

Original press release