#Millicom #announces #takeover #bid #Tigo #Guatemala
MILLICOM (TIGO) ANNOUNCES OFFERING DEBT OBLIGATIONS OF TIGO GUATEMALA
Millicom announces an offer from Tigo Guatemala to purchase up to US$90,000,000 in aggregate principal amount of Comcel’s outstanding 5.125% senior notes due 2032.
LUXEMBOURG, November 4 10:40 PM ET / November 5 3:40 AM ET – Millicom announced today that its Guatemalan subsidiary, Comunicaciones Celulares, SA (“Comcel”), has made a tender offer for cash purchase (the “Tender Offer”) in an aggregate nominal amount of US$90,000,000 (such amount, each the “Maximum Amount”) of outstanding 5.125% Senior Notes due 2032 (the “Notes”) issued by Walkers Fiduciary Limited (the “Cayman Trustee”), acting as trustee of CT Trust (the “Cayman Trustee” (“Trust”) and guaranteed on a senior unsecured basis by Comcel and certain other guarantors. The tender offer is being made pursuant to the terms of a purchase offer dated November 4, 2022 (as amended or amended).
Read on GNW: Millicom announces a takeover bid by Tigo Guatemala
