0
General

Digicel announces USD 550 mln debt placement

Wednesday 6 March 2019 | 09:33 CET | News
Digicel has announced plan to raise USD 550 million with the private placement of senior secured notes. The proceeds will be used to repay funds drawn under a revolving credit facility and pay off a USD 400 million term loan, said the company, adding that any remaining net proceeds will be used for general corporate purposes.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Digicel
Countries: Caribbean / Central America / World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Digicel launches customer engagement platform with Fastforward.ai

Published 26 Apr 2019 10:56 CET | Asia
Digicel Group has teamed up with Silicon Valley-based social media and commerce specialist Fastforward.ai to launch a customer ...

Digicel hikes note placement to USD 600 mln

Published 08 Mar 2019 11:56 CET | Caribbean
Digicel has announced that it increased the amount of a private placement of senior secured notes by USD 50 million to USD 600 ...

Digicel revenues down 4% to USD 572 mln in December quarter

Published 05 Mar 2019 14:42 CET | Caribbean
Caribbean-focused operator Digicel posted revenues of USD 572 million in its fiscal third quarter to the end of December, down ...

Maher named new Digicel Barbados CEO

Published 11 Feb 2019 10:14 CET | Barbados
Digicel Barbados has announced the appointment of Yaser Maher as its new CEO, taking over from Alex Tasker, who was named ...

Digicel to provide data and voice services for Caribbean Development Bank

Published 29 Jan 2019 08:57 CET | Caribbean
Mobile operator Digicel has won a contract to provide data and voice services for the Caribbean Development Bank (CDB). Focused ...

Digicel Group appoints Charlier as CEO

Published 29 Jan 2019 08:52 CET | Caribbean
Digicel Group has appointed Jean-Yves Charlier as its chief executive officer, effective immediately. Charlier was appointed to ...

Digicel wins 15-year ICT managed services contract from Dominica govt

Published 28 Jan 2019 06:56 CET | Dominica
Digicel has signed a technology services contract with the Government of the Commonwealth of Dominica. The 15-year managed ...