Creating and distributing additional copies is prohibited without the permission of the publisher. Contact subscriptions@latinfinance.com.

Digicel Goes Large in Refi Effort

Sep 6, 2012

Digicel has raised $1.5bn in new 2020 NC4 bonds, raising funds for a liability management operation targeting two series of outstanding 2015 bonds. In a continuing demonstration of demand for high-yield credit in the region, the final size represents an increase from the $700m that the Jamaica-based telecom had announced early Wednesday morning, and covers the outstanding size of the two series to be replaced. The bond priced at par with an 8.25% coupon to yield at the tight end...

To continue reading please take a free trial, subscribe or login below.


Already have an account?

Subscribe

Subscribe now for unlimited access to all current and archive news, data and market analysis. 

Subscribe

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial



LatinFinance Events

Poll

Will ABS become more interesting for LatAm borrowers as US monetary policy normalizes?

Vote    





Printing isn't available for this page.