Millicom (Tigo) announces proposed Offering of Senior Notes due 2032 [Yahoo! Finance]
Millicom International Cellular S.A. (TIGO)
Last millicom international cellular s.a. earnings: 5/1 04:01 pm
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Source: Yahoo! Finance
Luxembourg, March 25, 2024 – Millicom International Cellular S.A. (“Millicom”) today announced that it is commencing a private offering of Senior Notes due 2032 (the “Notes”) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). Millicom expects to use a portion of the net proceeds from the issuance of the Notes to repay indebtedness outstanding under the DNB Loans (as defined below), with accrued interest. Millicom expects to use any remaining net proceeds from the issuance of the Notes for the repayment, redemption, retirement or repurchase of existing indebtedness of Millicom and its subsidiaries and for other general corporate purposes. The DNB Loans consist of (i) a $100 million unsecured credit agreement of Millicom due 2026, with DNB Sweden AB as administrative agent and initial lender, and (ii) a $100 million unsecured credit agreement of Telemóvil El Salvador due 2026, a subsidiary of Millicom, as borrower, an
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TIGO
Sec Filings
- 4/26/24 - Form 6-K
- 4/23/24 - Form 6-K
- 4/17/24 - Form 6-K
- TIGO's page on the SEC website