VTR Issues USD 1.15 Bn New Notes

Liberty Latin America Ltd. (NASDAQ: LILA and LILAK, OTC Link: LILAB) has announced its subsidiaries, VTR Comunicaciones SpA and VTR Finance N.V. (together “VTR”) successfully completed the issuance of USD 600 million 5.125% Senior Secured Notes due 2028 and USD 550 million 6.375% Senior Notes due 2028, respectively, the company said.

The new notes were priced at par, and the combined proceeds from the issuances, together with proceeds from certain hedging related transactions, will be used to redeem VTR Finance N.V.´s existing USD 1,260 million 6.875% Senior Notes due 2024 in full, and pay transaction fees & expenses.

Liberty Latin America is a communications company operating in over 20 countries across Latin America and the Caribbean under the consumer brands VTR, Flow, Liberty, Más Móvil, BTC, UTS and Cabletica. In addition, Liberty Latin America operates a sub-sea and terrestrial fiber optic cable network that connects over 40 markets in the region.