I must confess to being initially baffled by the Liberty Latin America Subscription Rights Issue, announced on August 5, as a means of financing their acquisition of Telefonica's Costa Rican wireless operations. Why announce a $100m share buyback in March, only to issue $350m in equity later the same year?
A quick note on the LILAK Rights Issue
A quick note on the LILAK Rights Issue
A quick note on the LILAK Rights Issue
I must confess to being initially baffled by the Liberty Latin America Subscription Rights Issue, announced on August 5, as a means of financing their acquisition of Telefonica's Costa Rican wireless operations. Why announce a $100m share buyback in March, only to issue $350m in equity later the same year?