Digicel raises dollars, launches buyback

Digicel raises dollars, launches buyback

Bonds

Jamaica-headquartered Digicel sold a $1bn 2022 bond on Wednesday, increasing the deal from a planned $865m and tightening pricing. Price guidance on the 8-year non-call 3 note began at 7.25% area, and the deal was priced at par to yield 7.125%. Citi

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