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Millicom announces intent to partially redeem its senior notes due 2026, 2028 and 2029
Millicom announces intent to partially redeem its senior notes due 2026, 2028 and 2029 Luxembourg, February 11, 2021 – Millicom International Cellular S.A.
About this update from Millicom International Cellular S.a.
[{"type":"text","content":"Millicom announces intent to partially redeem its senior notes due 2026, 2028 and 2029 Luxembourg, February 11, 2021 – Millicom International Cellular S.A. (“Millicom”) today announced its intent to redeem $50,000,000 aggregate principal amount of its 6.625% senior notes due 2026 (the “2026 Notes”), $50,000,000 aggregate principal amount of its 5.125% senior notes due 2028 (the “2028 Notes”) and $75,000,000 aggregate principal amount of its 6.25% senior notes due 2029 (the “2029 Notes”), and together with the 2026 Notes and the 2028 Notes, (the “Notes”). A notice of redemption will be sent to the holders of the Notes in accordance with the requirements of the indentures governing the Notes (the “Indentures”). Pursuant to the terms of the Indentures, the Notes will be redeemed at a redemption price equal to 103% of the principal amount of the Notes redeemed, plus accrued and unpaid interest and Additional Amounts (if any) to, but excluding, the redemption date. The anticipated redemption date is February 22, 2021. This press release shall not constitute an offer to sell or a solicitation of an offer to buy any security nor a notice of redemption under the Indenture and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful. Important Information Certain statements included within this press release are “forward-looking statements” within the meaning of the U.S. federal securities laws intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect Millicom’s intentions, beliefs or current expectations and include, but are not limited to, all statements other than statements of historical facts, including, without, limitation, those regarding Millicom’s strategy, plans, objectives, goals and targets, including those related to the completion of the offering and redemption of securities. Millicom’s ability to achieve its projected results is dependent on many factors which are outside management’s control. Actual results may differ materially from (and be more negative than) those projected or implied in the forward-looking statements. Such forward-looking information involves risks and uncertainties that could significantly affect expected results and is b...