debt
confidence high
sentiment neutral
materiality 0.60
Liberty Latin America's C&W silo prices $1.5B term loan due 2032 to refinance 2028 debt
Liberty Latin America Ltd.
- New $1.5B term loan priced at SOFR+3.25%, matures Jan 31, 2032; proceeds to repay $1.5B loan due 2028.
- Transaction expected to close on February 18, 2025.
- Combined with Oct 2024 $1.0B notes refinancing, majority of C&W maturities now extend beyond 2031.
- CFO says weighted average life of debt is nearly 6 years; highlights market access and credit silo strength.