August 3, 2020
US-based telecommunications company Liberty Latin America said it plans to use credit from its Chilean subsidiary VTR and local loans to finance the acquisition of Telefónica's wireless operations in Costa Rica.
Liberty announced an all-cash deal to buy Telefónica Costa Rica for $500 million on July 30, adding that it planned to close the transaction in the first half of next year.
It also said it intends to put Telefónica Costa Rica in the credit pool of its subsidiary VTR Finance along with th
US-based telecom says it will use credit from VTR and local loans to cover the all-cash transaction for $500 mln