Liberty Latin America announced that its Liberty Puerto Rico subsidiary has entered into two new financing agreements through existing unrestricted subsidiaries that are parties to its senior secured term loan credit facility maturing in 2030.
The first transaction involved the establishment of a new senior secured revolving credit facility with $140 million of availability. The facility replaces Liberty Puerto Rico’s prior revolving credit facility, which was scheduled to mature in March 2027. The previous facility has been repaid in full and canceled. The new revolving credit facility accrues interest on drawn amounts at a rate equal to SOFR plus 4.25%, subject to certain adjustments, is secured by substantially the same assets as the existing 2030 Facility, and matures in September 2030.
In addition, Liberty Puerto Rico secured an incremental $200 million senior secured term loan financing under the existing 2030 Facility. The new financing carries a fixed interest rate of 12.0% per year and is secured by substantially the same assets as the 2030 Facility. Of the total commitment, $150 million has been drawn immediately, while the remaining $50 million will be available over the next twelve months.
The additional financing was provided by Helix Partners and Silver Point Capital.
According to Liberty Latin America, the new financing agreements build on the $260 million secured facility announced in September 2025 and further enhance liquidity for Liberty Puerto Rico.
Christopher Noyes, Senior Vice President and Chief Financial Officer of Liberty Latin America, said the transactions demonstrate the value of Liberty Puerto Rico’s local assets and their ability to support the company’s liquidity needs.
Support: Moelis & Company acted as financial adviser, while Latham & Watkins LLP and Ropes & Gray LLP served as legal counsel.
KEY QUOTE:
“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.”
Christopher Noyes, Senior Vice President and Chief Financial Officer, Liberty Latin America
