Digicel extends tender again

Digicel extends tender again

Bonds Capital Markets Caribbean

Caribbean telecom Digicel has extended the early tender date on a two-part liability management (LM) exercise until November 2, the company's third extension after launching the tender in September. Digicel wants to exchange the outstanding $2bn it has in 8.25% 2020 bonds with 8.25% 2022s under name Digicel Group One. Digicel Group Two manages the exchange of $1bn in outstanding 7.125% 2022s with up to $1bn in 8.25% senior cash pay, payment-in-kind (PIK) 2024 securities. Under senior cash pay, b

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