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General

Liberty Puerto Rico issues USD 90 mln senior notes to fund AT&T deal

Wednesday 27 May 2020 | 11:30 CET | News
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Liberty Latin America announced that its Liberty Puerto Rico subsidiary successfully issued USD 90 million in senior secured notes to fund the deal to acquire AT&T's operations in Puerto Rico and the US Virgin Islands. The company said the sale of an additional 6.75 percent of Senior Secured Notes due 2027 was executed on a private placement basis with a limited number of existing investors. Proceeds from the issuance have been placed into escrow and will support the funding of Liberty Puerto Rico's USD 1.95 billion acquisition of AT&T's assets.

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Categories: General
Companies: AT&T / Liberty Latin America
Countries: Puerto Rico / Virgin Islands (U.S.)
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