Millicom buyback falls flat

Millicom buyback falls flat

Colombia Central America Caribbean Bonds

Millicom's bond buyback fell flat on Monday after the cable company said it had tendered $187.3m of the outstanding $658m it has in 6.625% 2021 notes by the final deadline.The cable and mobile services company with operations in Latin America and Africa offered bondholders $1,035 for every $1,000 exchanged in principal. Millicom used proceeds from its 5.125% $500m 2028 bond sale last week to fund the buyback. Earlier this month, the company said it would redeem any notes that inve

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