tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Millicom Subsidiary Redeems Senior Notes Early

Millicom Subsidiary Redeems Senior Notes Early

Millicom International Cellular SA (TIGO) has released an update.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Millicom’s subsidiary Telefónica Celular del Paraguay S.A.E. has announced plans to partially redeem $150 million of its 5.875% Senior Unsecured Notes due in 2027. The redemption is scheduled for September 23, 2024, and will be carried out at the full principal amount plus accrued interest. This strategic financial move is part of Millicom’s broader services in Latin America, where it operates under the TIGO brand and offers a range of digital and telecommunication services.

For further insights into TIGO stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1