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Millicom dials up tap for bond swap

Millicom dials up tap for bond swap

September 10, 2021
Nasdaq-listed telco plans to reopen its 2031 bonds in an exchange for its 2026 notes

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Telecommunications company Millicom International Cellular plans to add to its 4.5% 2031 bonds in exchange for up $335 million in outstanding 6.625% 2026 notes, according to a securities filing on Wednesday. The 2026 bonds have a call date in October this year, but Millicom said it plans to prolong its debt maturities and lower its costs through the exchange. The Nasdaq-listed telco has offered $1,053.75 in 2031 bonds for every $1,000 in 2026 notes by the early deadline on September 24. After th

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