Liberty Latin America Ltd. disclosed that negotiations with holders of its Puerto Rico subsidiary's term loans and senior secured notes regarding a potential debt restructuring have concluded without an agreement. The company furnished the latest commercial term sheets exchanged between the parties, which propose separating Liberty Communications of Puerto Rico into a standalone entity while refinancing approximately $410 million in unsecured debt and issuing roughly $1.25 billion in second-lien takeback debt. These discussions are preliminary, and no binding agreement has been reached. Liberty Latin America Ltd. operates in the telecommunications industry, providing wireless and broadband services across Latin America.