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General

Millicom issues 10-year USD 500 mln corporate bond

Thursday 21 September 2017 | 08:29 CET | News
Millicom has announced the successful issue of a USD 500 million bond at par with a fixed coupon of 5.125 percent. The ten-year bond will be listed in Luxembourg and its proceeds will be used to purchase the debt securities arising from its recent tender offer. The company added that it intends to use the remaining bond proceeds, plus cash on hand, to redeem all notes that remain outstanding pursuant to the Conditional Redemption Notice that was delivered on 11 September, and confirms that the condition described in the Conditional Redemption Notice has now been satisfied.

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Categories: General
Companies: Millicom / Redeem
Countries: World
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