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Digicel announces closing of consensual restructuring of $3.8B group debt

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BERMUDA — Digicel Holdings (Bermuda) Limited, together with its subsidiaries and its board of directors, have announced that it has successfully completed its financial restructuring. According to a news release on Monday, the restructuring has allowed the group to reduce its consolidated debt by some $1.7 billion. Its annual cash interest is also expected to be reduced by approximately $120 million. The group also highlighted that the restructuring “marks an...

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Bermuda , Dennis Obrien , Maarten Boute , Rajeev Suri , Digicel Group Holdings Limited , Digicel , Digicel Holdings Bermuda , Digicel Holdings , Denniso Brien , Interim Chief Executive ,

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