Liberty Latin America (NASDAQ: LILA) Announces Strategic Financial Moves: Reverse Stock Split and New Financing

Key Insights:

• Reverse Stock Split: Liberty Latin America (NASDAQ: LILA) implemented a 10-for-11 reverse stock split on June 1, 2026, converting 11 shares into 10.
• Strategic Financing: The company secured $200 million in a secured term loan and a new $140 million revolving credit facility to enhance its financial liquidity.
• Special Dividend: Shareholders will receive 9.00% preference shares as a special dividend, indicating a coordinated financial strategy.

Liberty Latin America (NASDAQ: LILA) is a telecommunications company that provides services across Latin America and the Caribbean. On June 1, 2026, Liberty Latin America had a 10-for-11 stock split. This is a reverse stock split, meaning for every 11 shares an investor holds, they are converted into 10 shares.

This stock split occurs as the company manages its financial structure. As highlighted by PR Newswire, a subsidiary recently secured $200 million in financing co-led by Silver Point Capital. This is a secured term loan, which is a loan backed by specific company assets, in this case, its network and spectrum.

The loan carries a 12.00% fixed annual interest rate and must be repaid by 2030. These funds are intended to support the company’s liquidity, which is its ability to meet short-term cash needs. Of the total loan, $150 million is available now, with an additional $50 million available within twelve months.

At the same time, Business Wire reports the subsidiary entered into a new $140 million revolving credit facility. This is a flexible line of credit that also matures in 2030. It carries an interest rate of SOFR plus 4.25% on drawn amounts, replacing a previous facility.

Liberty Latin America also announced a special dividend for shareholders, as noted by Business Wire. Instead of cash, investors receive 9.00% preference shares. The record date is June 1, 2026, the same day as the reverse stock split, indicating these actions are part of a coordinated financial strategy.