0
General

Millicom completes EUR 500 mln senior notes offering

Wednesday 28 October 2020 | 08:45 CET | News
Millicom has announced the successful completion of a EUR 500 million issue of senior notes due in 2031. In a statement, the company said holders of its 6.0 percent senior notes due 2025 were notified that all conditions for the redemption of those notes have been satisfied and will be redeemed on 29 October 2020. Millicom intends to use the net proceeds of the issue along with existing cash on balance sheet to redeem the full aggregate principal amount of its 2025 notes.

Thank you for visiting Telecompaper

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: Millicom
Countries: Africa / Latin America
::: 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

Millicom third-quarter revenues down 6.5% YoY, customer base up 2%

Published 30 Oct 2020 11:59 CET | Latin America
Millicom, owner of Tigo-branded operations across Latin America and Africa, reported a 6.5 percent year on year fall in revenues ...

Millicom launches EUR 500 mln senior notes offering

Published 19 Oct 2020 15:46 CET | Latin America
Millicom has announced plans to sell EUR 500 million of senior notes due in 2031 in a private offering. In a short statement, the ...

Millicom announces USD 600 million ESG-linked credit facility

Published 16 Oct 2020 09:10 CET | Latin America
Millicom has entered into a 5-year, USD 600 million ESG-linked revolving credit facility with a syndicate of 11 commercial banks. ...

Millicom Q2 revenues down 8% to USD 970 mln, hit by lockdowns and forex

Published 30 Jul 2020 14:29 CET | Latin America
Millicom's revenues turned negative in the second quarter of 2020 following recent rises, with the company reporting an 8.0 ...

Millicom picks Harmonic platform for LatAm broadband upgrade

Published 22 Jul 2020 15:43 CET | Latin America
Harmonic announced a contract to help Millicom build a cloud-based broadband infrastructure throughout Latin America. Under the ...

Ramos confirmed as new Millicom executive director

Published 26 Jun 2020 09:01 CET | World
Millicom announced that its shareholders have approved the nomination committee's proposal to elect current CEO Mauricio Ramos as ...