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General

Liberty LatAm closes USD 400 mln bond issue

Monday 1 July 2019 | 12:02 CET | News
Liberty Latin America (LLA), the spun-off unit of Liberty Global focused on Latin America and the Caribbean, has announced the closing of an issue of 2.0 percent convertible senior notes due 2024 in a private placement to qualified institutional buyers. LLA said it sold USD 402.5 million of notes, including USD 52.5 million sold pursuant to the initial purchasers' exercise in full of their 13-day option to purchase additional notes. The notes will mature on 15 July 2024 and are convertible into Liberty Latin America's Class C common shares, cash, or a combination of the two.

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Categories: General
Companies: Liberty Global / Liberty Latin America
Countries: Latin America
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