Liberty Latin America Ltd. bonds LILAK
Who owns Liberty Latin America Ltd.'s debt and what their own filings say it is worth. Bond prices and yields are fund-reported marks (SEC Form N-PORT) as of Jul 2026; they lag the market by about two months. LILAK stock page.
Every bond funds hold
Each bond's latest fund-reported mark. Price per 100 of face value; yield to maturity from price, coupon and maturity; spread over the matched-maturity Treasury for US-dollar bonds.
| Bond | Coupon | Maturity | Ccy | Price | Yield | Spread | Funds | Held | As of |
|---|---|---|---|---|---|---|---|---|---|
| 50201DAA1 | 6.75% fixed | 2027-10-15 | USD | 56.47 | 63.42% | 5933 bp | 15 | $45.9M | Jul 2026 |
Spread history
Median spread of the US-dollar bonds over Treasuries, month-ends with complete filings. Fund-reported.
Price history
Median fund-marked price across the bonds, per 100 of face value.
By month
Funds file on staggered quarter-ends, so each month-end is marked by the funds that reported for it; the amount held moves with which funds filed, not only with buying and selling.
| Month-end | Bonds | Held | Median price | USD yield | USD spread | Most funds on one bond |
|---|---|---|---|---|---|---|
| Jul 2026 | 1 | $45.9M | 56.47 | 63.42% | 5933 bp | 15 |
| Jun 2026 | 1 | $72.4M | 57.45 | 57.72% | 5375 bp | 27 |
| May 2026 | 1 | $16.8M | 64.30 | 43.99% | 4012 bp | 12 |
| Apr 2026 | 1 | $89.0M | 67.31 | 37.91% | 3417 bp | 19 |
| Mar 2026 | 1 | $92.6M | 67.26 | 36.29% | 3260 bp | 27 |
| Feb 2026 | 1 | $21.0M | 70.23 | 31.47% | 2800 bp | 12 |
| Jan 2026 | 1 | $96.6M | 69.79 | 30.80% | 2727 bp | 20 |
| Dec 2025 | 1 | $93.3M | 69.60 | 29.85% | 2634 bp | 28 |
| Nov 2025 | 1 | $20.4M | 67.89 | 30.44% | 2688 bp | 10 |
| Oct 2025 | 1 | $83.9M | 62.55 | 34.66% | 3113 bp | 18 |
| Sep 2025 | 1 | $91.4M | 59.94 | 36.14% | 3257 bp | 34 |
| Aug 2025 | 1 | $22.3M | 62.56 | 32.47% | 2877 bp | 15 |
| Jul 2025 | 1 | $143.5M | 76.75 | 20.32% | 1644 bp | 39 |
Who holds the debt
Fund series in their latest quarterly N-PORT report, largest first, with the change in face value against each fund's own previous report. Names as reported in the filings. 5 added, 14 cut, 0 new holders and 4 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| BrandywineGLOBAL - HIGH YIELD FUND Legg Mason Partners Investment Trust | 2026-06-30 | $29.3M | $17.0M | -$8.1M |
| NYLIM MacKay High Yield Corporate Bond Fund NYLIM FUNDS | 2026-07-31 | $27.8M | $15.7M | -$26.2M |
| BlackRock High Yield Portfolio BlackRock Funds V | 2026-06-30 | $27.3M | $15.5M | $0 |
| iShares Broad USD High Yield Corporate Bond ETF iShares Trust | 2026-07-31 | $20.6M | $11.6M | $0 |
| BrandywineGLOBAL - CORPORATE CREDIT FUND Legg Mason Partners Investment Trust | 2026-06-30 | $18.3M | $10.6M | $0 |
| iShares iBoxx $ High Yield Corporate Bond ETF iShares Trust | 2026-05-31 | $14.7M | $9.5M | -$4.2M |
| NYLIM VP MacKay High Yield Corporate Bond Portfolio NYLIM VP FUNDS TRUST | 2026-06-30 | $13.9M | $7.9M | $0 |
| AB HIGH INCOME FUND INC | 2026-07-31 | $11.5M | $6.5M | $2.8M |
| State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $11.1M | $6.4M | -$1.0M |
| State Street(R) SPDR(R) Portfolio High Yield Bond ETF SPDR SERIES TRUST | 2026-06-30 | $9.4M | $5.4M | $20K |
| NYLIM MacKay Short Duration High Income Fund NYLIM FUNDS TRUST | 2026-07-31 | $8.4M | $4.7M | -$9.6M |
| Transamerica High Yield Bond TRANSAMERICA FUNDS | 2026-07-31 | $6.7M | $3.8M | $0 |
| Xtrackers USD High Yield Corporate Bond ETF DBX ETF Trust | 2026-05-29 | $3.5M | $2.3M | -$213K |
| BlackRock Corporate High Yield Fund, Inc. | 2026-06-30 | $2.9M | $1.7M | $0 |
| BondBloxx CCC Rated USD High Yield Corporate Bond ETF BondBloxx ETF Trust | 2026-07-31 | $2.9M | $1.7M | -$711K |
| AB Short Duration High Yield ETF AB Active ETFs, Inc. | 2026-05-31 | $2.2M | $1.4M | $0 |
| Schwab High Yield Bond ETF SCHWAB STRATEGIC TRUST | 2026-05-31 | $2.1M | $1.4M | $430K |
| Transamerica AEGON High Yield Bond VP TRANSAMERICA SERIES TRUST | 2026-06-30 | $1.6M | $899K | $0 |
| BlackRock High Yield Portfolio Brighthouse Funds Trust I | 2026-06-30 | $1.5M | $837K | $0 |
| AllianceBernstein Global High Income Fund Inc | 2026-06-30 | $1.4M | $784K | $0 |
| Six Circles Credit Opportunities Fund SIX CIRCLES TRUST | 2026-06-30 | $1.4M | $778K | $0 |
| BlackRock High Yield V.I. Fund BlackRock Variable Series Funds II, Inc. | 2026-06-30 | $1.3M | $744K | $0 |
| High Yield Fund John Hancock Bond Trust | 2026-05-31 | $1.1M | $703K | $293K |
| Barings Global Short Duration High Yield Fund | 2026-06-30 | $1.2M | $682K | -$808K |
| iShares Core Universal USD Bond ETF iShares Trust | 2026-07-31 | $995K | $564K | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): iShares 0-5 Year High Yield Corporate Bond ETF ($9.9M), iShares iBonds 2027 Term High Yield and Income ETF ($6.7M), State Street(R) SPDR(R) Bloomberg High Yield Bond ETF ($441K), Invesco Multi-Asset Income Fund ($400K).
ETFs holding these bonds
From each ETF's own latest N-PORT report: the issuer's bonds as a share of the ETF's net assets. A holdings list, not a recommendation.
| ETF | Report | Bonds | Face value | Value | % of net assets |
|---|---|---|---|---|---|
| USHY iShares Broad USD High Yield Corporate Bond ETF | 2026-07-31 | 1 | $20.6M | $11.6M | 0.04% |
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | 2026-05-31 | 1 | $14.7M | $9.5M | 0.06% |
| SJNK State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF | 2026-06-30 | 1 | $11.1M | $6.4M | 0.13% |
| SPHY State Street(R) SPDR(R) Portfolio High Yield Bond ETF | 2026-06-30 | 1 | $9.4M | $5.4M | 0.05% |
| HYLB Xtrackers USD High Yield Corporate Bond ETF | 2026-05-29 | 1 | $3.5M | $2.3M | 0.06% |
| XCCC BondBloxx CCC Rated USD High Yield Corporate Bond ETF | 2026-07-31 | 1 | $2.9M | $1.7M | 0.63% |
| SYFI AB Short Duration High Yield ETF | 2026-05-31 | 1 | $2.2M | $1.4M | 0.16% |
| SCYB Schwab High Yield Bond ETF | 2026-05-31 | 1 | $2.1M | $1.4M | 0.05% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 1 | $995K | $564K | 0.00% |
| BBHY JPMorgan BetaBuilders USD High Yield Corporate Bond ETF | 2026-05-31 | 1 | $646K | $408K | 0.07% |
| SHYL Xtrackers Short Duration High Yield Bond ETF | 2026-05-29 | 1 | $424K | $272K | 0.10% |
| HYFI AB High Yield ETF | 2026-05-31 | 1 | $400K | $259K | 0.08% |
| ISTB iShares Core 1-5 Year USD Bond ETF | 2026-07-31 | 1 | $390K | $221K | 0.00% |
| CPLB NYLIM MacKay Core Plus Bond ETF | 2026-07-31 | 1 | $200K | $113K | 0.03% |
| GHYG iShares US & Intl High Yield Corp Bond ETF | 2026-07-31 | 1 | $165K | $94K | 0.05% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 2.67: safer than 21% of companies (26th percentile in Communication Services). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $2.32B |
| Debt barrier (short-term + ½ long-term debt) | $4.44B |
| Equity volatility (1 year) | 44.8% |
| Asset value / asset volatility (solved) | $6.57B / 15.8% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 5933 bp spread prices in about 98.9% a year of default odds (spread ÷ (1 − 40% recovery)). Fund-reported marks as of Jul 2026; the spread also pays for liquidity and risk premium, so this overstates actual defaults.
Accounts: Altman Z
Altman Z'' = -0.68 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in LILAK's stock and options. Options are reported at the value of the underlying shares, not the premium paid; 13F lists long positions only, lags 45 days after quarter-end, and does not show whether puts hedge a stock position.
| Quarter-end | Stock holders | Stock value | Put managers | Puts (underlying value) | Call managers | Calls (underlying value) | Convertible holders |
|---|---|---|---|---|---|---|---|
| 2026-09-30 filings still arriving | 25 | $4.0M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 236 | $1.04B | 2 | $80K | 1 | $7K | 0 |
| 2026-03-31 | 212 | $1.25B | 0 | — | 2 | $123K | 0 |
| 2025-12-31 | 217 | $1.08B | 1 | $164K | 1 | $2K | 0 |
| 2025-09-30 | 211 | $1.25B | 1 | $161K | 1 | $2K | 0 |
| 2025-06-30 | 205 | $859.5M | 1 | $0 | 2 | $12.5M | 0 |
Sources: fund holdings and fund-reported marks from SEC Form N-PORT (published about 60 days after each month-end); 13F filings; House and Senate periodic transaction reports and OGE Form 278-T; Treasury yields from FRED. Findings from filings, not advice. How each number is computed.