0
General

Millicom to issue USD 750 mln in senior notes for Telefonica CentAm buy

Friday 15 March 2019 | 12:15 CET | News

Luxembourg-based Millicom has announced the pricing of USD 750 million in 6.25 percent senior notes due in 2029 ahead of their scheduled issue on 25 March. The company said it intends to use the net proceeds of the notes to finance, in part, the acquisition of Telefonica’s mobile telecommunications assets in Panama, Costa Rica and Nicaragua. 

Last month Millicom said it had agreed to buy the Telefonica units for a total of USD 1.65 billion in cash to reinforce its position in Central America following the recent acquisition of Panama’s Cable Onda for USD 1 billion. 



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 / Telefonica
Countries: 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

Millicom proposes Johnson as board director

Published 15 Mar 2019 08:58 CET | Latin America
Millicom's Nomination Committee proposed the election of Mercedes Johnson as a new board director, the re-election of Jose ...

Maroc Telecom to acquire Tigo Chad from Millicom

Published 15 Mar 2019 08:32 CET | Chad
Maroc Telecom has signed an agreement with Millicom to acquire 100 percent of the shares of its subsidiary Tigo Chad. The ...

Millicom acquires Telefonica's Panama, Costa Rica and Nicaragua units for USD 1.65 bln

Published 21 Feb 2019 08:56 CET | Costa Rica
Millicom has announced an agreement to acquire Telefonica's mobile telecommunications assets in Panama, Costa Rica and Nicaragua ...

Millicom revenues down 4% in Q4 on forex effects, FY profit up 1.5%

Published 08 Feb 2019 09:36 CET | Africa
Millicom reported fourth-quarter service revenues down 4.4 percent to USD 1.01 billion, impacted by weaker currencies in a ...

Millicom acquires Panama's Cable Onda for USD 1 bln

Published 08 Oct 2018 08:41 CET | Panama
Millicom has announced an agreement to buy a controlling 80 percent stake in Panamanian cable provider Cable Onda for a cash ...





Calendar   /   Industry Events

18 Mar NII Holdings Q4 2018
18 Mar Cellcom Q4 2018
18 Mar Enterprise Connect
18 Mar Report: Dutch Television Market 2018-Q4
19 Mar Huber+Suhner Q4 2018
19 Mar Iliad Q4 2018
19 Mar TPG fiscal H1
19 Mar MTS Q4 2018
19 Mar Xiaomi Q4 2018
19 Mar China Telecom Q4 2018
19 Mar Nvidia Annual Investor Day
19 Mar Oi EGM
20 Mar Micron Technology fiscal Q2
20 Mar ZTE EGM
20 Mar Report: Dutch Fixed Telephony 2018-Q4
21 Mar Cyfrowy Polsat Q4 2018
21 Mar China Mobile Q4 2018
21 Mar CK Hutchison FY2018
22 Mar Telenet AGM
24 Mar 6G Wireless Summit
25 Mar Cheetah Mobile Q4 2018
25 Mar Freenet Q4 2018
25 Mar Apple press conference
::: More Calendar Items