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General

Digicel improves terms for bondholders under debt restructuring plan

Wednesday 29 April 2020 | 15:35 CET | News
Caribbean-focused operator Digicel announced a number of initiatives designed to seek the support of debtholders for its plan to reduce debt and financing costs and extend debt maturities. The company said it has received support from more than 98 percent of holders of USD 1 billion of senior 2022 bonds to terms of their restructuring offer and is improving the terms of its bonds exchange offer for holders of USD 925 million of notes due in 2023.

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Categories: General
Companies: Digicel
Countries: Caribbean
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