Millicom International Cellular S.A.

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Debt Financing / Related

Tigo Guatemala To Acquire Senior Notes In Millicom's Comcel

Published: 11/07/2022 08:36 GMT
Millicom International Cellular S.A. (TIGO) - On Saturday Announced Tender Offer by Tigo Guatemala to Purchase Up to $90 Mln in Aggregate Principal Amount of Outstanding Comcel 5.125% Senior Notes Due 2032.
Guatemalan Operation, Comunicaciones Celulares, Comcel, Has Commenced Tender Offer to Purchase for Cash Up to $90 Mln in Aggregate Principal Amount of Outstanding 5.125% Senior Notes Due 2032.
Purpose of Tender Offer is to Purchase Debt Guaranteed by Tigo Guatemala Consistent With Millicom's Plans to Purchase Outstanding Debt Issued Or Assumed by Millicom Or Its Subsidiaries to Reduce Millicom's Debt.
Consideration for Each $1,000 Principal Amount of Notes Validly Tendered at Or Prior to Early Tender Time and Accepted for Purchase Pursuant to Tender Offer Will Be $822.50.