LIBERTY LATIN AMERICA’S C&W CREDIT SILO COMPLETES REFINANCING PROGRAM; ISSUES NEW $755 MILLION SENIOR NOTES DUE 2033
Liberty Latin America Ltd. - Class C (LILAK)
US:NASDAQ Investor Relations:
libertyglobal.com/ir.html
Company Research
Source: Business Wire
More than 75% of silo debt now maturing in 2032 & beyond DENVER, Colorado--(BUSINESS WIRE)--Liberty Latin America’s (“LLA” or the “Company”) largest credit silo, Cable & Wireless (“C&W”), has priced new $755 million senior notes due 2033 with a 9.0% coupon at par. Net proceeds from the issuance will be used to fully redeem C&W’s $735 million senior notes due 2027. This notes issuance is expected to close on February 11, 2025.Chris Noyes, Liberty Latin America’s CFO, said, “This transaction completes our near-term refinancing objectives for the C&W credit silo. We have now successfully extended C&W’s maturity profile to approximately 6.5 years and combined with the $1.0 billion refinancing of C&W’s Senior Secured and Senior Notes last October and the $1.5 billion pricing of the new Term Loan in late January, we have raised $3.3 billion in aggregate in under six months. This latest issuance announced and priced on the same day, was significantly subscribed, highlights our ability to
Show less
Read more
Impact Snapshot
Event Time:
LILAK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LILAK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LILAK alerts
High impacting Liberty Latin America Ltd. - Class C news events
Weekly update
A roundup of the hottest topics
LILAK
News
- ERIC ZINTERHOFER TO STEP DOWN FROM LIBERTY LATIN AMERICA BOARD OF DIRECTORS FOLLOWING YEARS OF SERVICE [Yahoo! Finance]Yahoo! Finance
- ERIC ZINTERHOFER TO STEP DOWN FROM LIBERTY LATIN AMERICA BOARD OF DIRECTORS FOLLOWING YEARS OF SERVICEBusiness Wire
- LIBERTY NETWORKS SELECTED TO BUILD EL SALVADOR'S FIRST SUBSEA CABLE [Yahoo! Finance]Yahoo! Finance
- Wesco Partners With Liberty Latin America to Provide Relief to Jamaican Communities Affected by Hurricane Melissa [Yahoo! Finance]Yahoo! Finance
- Liberty Latin America and Millicom Provide Update on Proposed Costa Rica TransactionBusiness Wire