Digicel to buy back 70% of 2018s in tender offer

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Digicel to buy back 70% of 2018s in tender offer

Denis O'Brien
Denis O'Brien, owner of mobile phone network provider Digicel, participates in a panel discussion, "Expanding Cross-Sector Coordination in Haiti" at the Clinton Global Initiative, Wednesday, Sept. 25, 2013 in New York. (AP Photo/Mark Lennihan) | Mark Lennihan/AP/Press Association Images

Digicel, the Caribbean telecoms company, will buy back over 70% of its 2018 bonds as part of a liability management exercise to be funded by last month’s bond issue. The company was aiming to redeem all the 2018s.

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