Silver Point Capital, a global company in credit investing, co-led a $200 million secured term loan financing for subsidiaries of Liberty Puerto Rico. The new financing will support the liquidity needs of Liberty Puerto Rico, which is a subsidiary of Liberty Latin America.
The financing is being made through existing subsidiaries of Liberty Puerto Rico under a credit facility that matures in 2030. It has a fixed interest rate of 12.0% per annum, and is secured by certain network and spectrum assets. Of the total facility, $150 million has been drawn and $50 million will be available over the next twelve months.
