Millicom announces expiration of consent solicitations
Rhea-AI Summary
Millicom International Cellular S.A. announced the expiration of its previously announced consent solicitation from holders of its senior notes due in 2026, 2028, 2029, 2031, and 2032. The company sought to amend certain provisions of the indentures governing these notes. However, Millicom stated that the Proposed Amendments will not be made. This announcement does not constitute an offer to sell or issue securities, nor a solicitation to buy or subscribe for securities in any jurisdiction. The consent solicitation was directed at holders of record as of August 2, 2024.
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News Market Reaction – TIGO
In the trading session that priced this news, TIGO declined 0.26%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
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Millicom announces expiration of consent solicitations
Luxembourg, August 23, 2024 – Millicom International Cellular S.A. (“Millicom”) today announced the expiration of its previously announced solicitation of consents from the holders of record on August 2, 2024 of its
This announcement does not constitute an offer to sell or issue, or the solicitation of an offer to buy or subscribe for, securities (including the Notes) in any jurisdiction.
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For further information, please contact
| Press: Sofía Corral, Director Corporate Communications press@millicom.com | Investors: Michel Morin, VP Investor Relations investors@millicom.com |
About Millicom
Millicom (NASDAQ U.S.: TIGO, Nasdaq Stockholm: TIGO_SDB) is a leading provider of fixed and mobile telecommunications services in Latin America. Through our TIGO® and Tigo Business® brands, we provide a wide range of digital services and products, including TIGO Money for mobile financial services, TIGO Sports for local entertainment, TIGO ONEtv for pay TV, high-speed data, voice, and business-to-business solutions such as cloud and security. As of June 30, 2024, Millicom, including its Honduras Joint Venture, employed approximately 15,000 people, and provided mobile and fiber-cable services through its digital highways to more than 45 million customers, with a fiber-cable footprint of about 14 million homes passed. Founded in 1990, Millicom International Cellular S.A. is headquartered in Luxembourg.
