TSTT sells first dollar notes

TSTT sells first dollar notes

Bonds Debt Capital Markets Asset Management Corporate & Sovereign Strategy Fixed Income Funds Telecoms Trinidad & Tobago Caribbean United States

Telecommunications Services of Trinidad and Tobago Limited (TSTT) has issued $400m in 10-year bonds to consolidate all its liabilities in a single facility, according to a source involved in the deal. The telecommunications company, owned by the government and UK-based C&W Communications, sold $300m in dollar-denominated notes and another $100m in Trinidad and Tobago dollars under Reg S/Rule 144A, the source said. "They have identical terms and conditions," the source said of the two-part de

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