Liberty Latin America Ltd. (“Liberty Latin America” or the “Company”), one of Latin America’s leading telecommunications companies, completed its split-off from Liberty Global plc (“Liberty Global”). Conyers Dill & Pearman provided Bermuda law advice to the Company on its split-off, launch and US listing as an independent publicly-traded company.
Following the successful completion of the spilt-off, Liberty Latin America Class A and Class C common shares are now trading on the Nasdaq Global Select Market under the symbols “LILA” and “LILAK”, respectively, and the Class B common shares are quoted on the OTC Markets under the symbol “LILAB”.
Director, Marcello Ausenda and Associate, Edward Rance advised on the transaction.
The split-off of Liberty Latin America forms a “pure-play” independent telecommunications company focused on Latin America and the Caribbean with:
Liberty Latin America’s businesses include:
“We were pleased to work with Liberty Latin America on its split-off and subsequent launch and listing on the Nasdaq Global Select Market and OTC Market. This deal underscores Bermuda’s position as a leading international financial centre and preferred jurisdiction for substantial global corporations who require a sophisticated and reputable platform to support high-value capital markets transactions”, said Marcello Ausenda, Director.
1 As of September 30, 2017. For more details, please see Liberty Global's press release dated November 1, 2017.
2 Revenue presented as annualized results for the nine months ended September 30, 2017.