Millicom priced $75 million of additional 7.375% Senior Notes due 2032 at 100.985% in a Regulation S private placement, reopening its existing issuance with $450 million currently outstanding.
Key takeaways
Priced $75 million aggregate principal of 7.375% Senior Notes due 2032 at 100.985% plus accrued interest.
Additional Notes reopen existing series originally issued April 2, 2024; $450 million Notes currently outstanding.
Expected closing April 14, 2026, subject to customary conditions.
Net proceeds for general corporate purposes, including capital expenditures and M&A.
Interest payable semi-annually on April 2 and October 2; mature April 2, 2032.
Application for listing on Luxembourg Stock Exchange Euro MTF market.