Latham Advises Liberty Puerto Rico on Revolving Credit Facility (RCF) Agreement and US$200 Million Senior Secured Loan

Liberty Latin America Ltd. (Liberty Latin America) (NASDAQ: LILA and LILAK; OTC Link: LILAB) has announced that its Liberty Puerto Rico subsidiary has successfully entered into two new financing agreements through existing unrestricted subsidiaries (the unrestricted subsidiaries) that are parties to an existing senior secured term loan credit facility that matures in 2030 (the 2030 Facility). First, the unrestricted subsidiaries and the lenders under Liberty Puerto Rico’s prior revolving credit facility entered into a new senior secured revolving credit facility that currently has US$140 million of availability. Additionally, Liberty Puerto Rico has successfully raised an additional US$200 million senior secured term loan financing through the unrestricted subsidiaries as an incremental term loan under the 2030 Facility.

Latham & Watkins LLP advised Liberty Puerto Rico on the financings with a team led by New York partner Ryan Preston Dahl, with associates Eric Einhorn, Angeline Hwang, Nikhil Gulati, Montana Licari, and Saadia Naeem, with assistance from Calvin Best.

Latham & Watkins LLP served as co‑counsel with another firm.