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LCPR Loan Funding gets $500 million loan at Libor plus 375 bps
By Wendy Van Sickle
Columbus, Ohio, March 29 – LCPR Loan Financing LLC entered into an agreement with Bank of Nova Scotia as administrative agent providing for a $500 million term loan due Oct. 15, 2028, according to an 8-K filing with the Securities and Exchange Commission.
Borrowings bear interest at Libor plus 375 basis points with a 0% Libor floor.
Proceeds are to be used to finance existing debt and for general corporate purposes.
Liberty Latin America is a Denver-based telecommunications company operating in 20 countries across Latin America and the Caribbean.
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