Liberty Latin America Ltd. (NasdaqGS:LILA) signed a letter of intent to acquire 87.5% stake in United Telecommunications Services N.V. from Curaçao and Sint Maarten for a enterprise value of approximately $190 million on January 2, 2019. As on March 26, 2019, Liberty Latin America Ltd. (NasdaqGS:LILA) entered into a definitive agreement to acquire United Telecommunications Services N.V. from Curaçao and Sint Maarten. Enterprise value of approximately $190 million on a cash- and debt-free basis, represents a multiple of 6x 2018 Adjusted EBITDA. The governments will sell all of their shares in UTS. The government of Curaçao has 87.5% and the government of Sint Maarten has 12.5% stake in UTS. The intention is for UTS to be sold in its entirety with the exception of subsidiaries Antilliaanse Televisie Maatschappij (TeleCuraçao), Data Planet, UTS St. Kitts and UTS Suriname. As on March 26, 2019, Liberty Latin America intends to finance the acquisition of UTS through existing liquidity, including incremental revolver drawings at C&W amounting $170 milllion. The share transfer is expected to be completed by next week for the government of Curaçao's stake, while the transfer of the government of Sint Maarten's stake will be done in 1 or 2 months. As on March 26, 2019, the transaction is expected to be completed in the coming days. BroadSpan Capital acted as the financial advisor to United Telecommunications Services as part of the transaction. Jonathan Gordon, Jon Lobb, Hamish McArdle and Gail W. Stewart of Baker Botts L.L.P. acted as legal advisors to Liberty Latin America Ltd.