Company: LILA
Filing Date: 2025-02-04
Form Type: 8-K
Source: 0001712184-25-000011
Chunk: 1

Company: Liberty Latin America Ltd.
Filing Date: 2025-02-04
Form: 8-K
Item: Item 2.03
Chunk 1
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2. The Term B-7 Facility bears interest at a rate of SOFR plus 3.25% subject to a SOFR floor of 0.00%. The proceeds of the advance under the Term B-7 Facility are expected to be used to redeem in full the term loan B-5 facility established under the Existing Credit Agreement and for the payment of any related fees and expenses.

Under the terms of the Amendment Agreement, certain 2025 Extending Class B Revolving Credit Lenders holding 2024 Extended Class B Revolving Credit Commitments agreed to increase their 2024 Extended Class B Revolving Credit Commitments under (and as defined in) the Existing Credit Agreement and all 2025 Extending Class B Revolving Credit Lenders agreed to extend the maturity date of their respective 2024 Extended Class B Revolving Credit Commitments (after giving effect to such increase), in an aggregate principal amount of $460 million (the “2025 Extended Class B Revolving Credit Commitments”), to (i) July 31, 2027, upon the consummation of the 2027 Notes Refinancing (as defined in the Existing Credit Agreement); (ii) April 15, 2029, upon the later of the consummation of the 2027 Notes Refinancing and the Term B-5 Loan Refinancing (as defined in the Existing Credit Agreement); and (iii) January 31, 2031, upon the latest of the consummation of the 2027 Notes Refinancing, the Term B-5 Loan Refinancing and the Term B-6 Loan Refinancing (as defined in the Existing Credit Agreement).

The Term B-7 Facility Lenders and the 2025 Extending Class B Revolving Credit Lenders provided their consents to amendments to certain provisions of the Existing Credit Agreement outlined in, and by way of, the Additional Facility Joinder Agreement and the Amendment Agreement, as applicable. The Term B-7 Facility became effective on January 29, 2025 (the “2025 Additional Facility Effective Date”), and the 2025 Extended Class B Revolving Credit Commitments became effective, on January 29, 2025 (the “2025 Extension Effective Date”).

The obligations of the Initial Borrowers and the Guarantors under the Term B-7 Facility and the 2025 Extended Class B Revolving Credit Commitments will remain guaranteed by the Initial Borrowers and the Guarantors, and will continue to be